Investors sue Washington state bitcoin mining magnate who they say bilked them for millions
https://www.geekwire.com/2021/investors-sue-washington-state-bitcoin-mining-magnate-say-bilked-millions/
https://www.geekwire.com/2021/investors-sue-washington-state-bitcoin-mining-magnate-say-bilked-millions/
Let me elucidate a little
Apparently people were charged hella more ! Just because they were using that place for mining operations. At the same time they were hiding the lawsuits which makes the site even more despicable since here the third party honestly charged them around 250$ less than the monthly mortgage of the house !
Quote
The investors — a group that includes funds and individuals in Luxembourg, Sweden and Seattle — contend Salcido overbilled for rent on two data centers used in the bitcoin mining operation.
Salcido drew $16,500 a month to rent a property he owned on which his mortgage payment was $1,823 a month, according to the lawsuit. The investors claim Salcido then took a bizarre legal action — he evicted StepChange.
Salcido drew $16,500 a month to rent a property he owned on which his mortgage payment was $1,823 a month, according to the lawsuit. The investors claim Salcido then took a bizarre legal action — he evicted StepChange.
But then ! The owner himself evicted the company !!!! Which is outright ridiculous. Now the company took this chance to share to the media about what happened with them. Most probably now they are battling in the court for this particular thing but at the end of the day this shows us :
How partial people can be ! It's not a crime to mine Bitcoins , nor is it a crime to honestly start a startup.
But the owner claims something different, now it's a battle to determine who is right and who is wrong.
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