Celsius, Core Scientific (CORZ) Resolve Acrimonious Crypto Mining Dispute With $45M Deal

The settlement “resolves the protracted and costly litigation with Core, and cuts off the numerous prices that might have been incurred if the events had been to completely litigate their claims,” a submitting by Celsius’ legal professionals mentioned, describing the deal – underneath which Celsius additionally acquires Cedarvale, an 85-acre Texas mining web site – as a “truthful, equitable, and a fastidiously negotiated decision.”