River Exchange, a US-based Bitcoin financial services firm, has initiated legal action against an unnamed Canadian Bitcoin mining company. The lawsuit concerns a dispute over unpaid refunds following the termination of a contract between the two entities.
The plaintiff is seeking damages estimated between $6,7 million and $7 million. River Exchange alleges that the defendant failed to return these funds after the agreement was canceled. The specific terms of the original contract remain undisclosed.
Public records have not yet confirmed the jurisdiction or the exact filing date of the lawsuit. The identity of the Canadian firm is also not public, which suggests that the defendant may be a private company, as public miners typically disclose significant litigation.
