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9 Mar 2025
6

šŸ„· Stone Ridge Sues Mawson Over Theft of 20,000+ ASIC Miners

Stone Ridge, the parent company of NYDIG, has filed a lawsuit against Mawson, accusing it of illegally seizing over 20,000 ASIC miners worth $30M. Mawson allegedly redirected the hash rate to mine Bitcoin for itself, earning $100,000ā€“$200,000 daily. Stone Ridge demands a court order to regain access to the equipment and halt unauthorized mining operations.

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