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News Explorer — Coinmint Alleges Bribery, Misrepresentation in $150M Purchase Agreement Scheme

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May 26, 11:00 am
Coindesk

Coinmint Alleges Bribery, Misrepresentation in $150M Purchase Agreement Scheme

Coinmint alleged two semiconductor companies set up an “elaborate deception” to lure the miner into a $150 million purchase agreement, resulting in a lawsuit seeking over $23 million in damages. The scheme involved Katena Computing and DX Corr, as well as unnamed individuals, and included bribery and misrepresentation of Katena's capabilities.

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