Exchanges· ★★· neutral·

River Financial sues Blockstream Services Canada over $6.7M debt

  • —The lawsuit was filed on September 11, 2026, with the debt estimated at $6.7 million
  • —The repayment plan called for monthly payments of $239,389.40 starting August 1, 2025
  • —River prepaid nearly $7.8 million for mining hosting services in December 2021
  • —A US federal judge recused himself, and the case was reassigned on September 15, 2026
Why it matters: The case highlights prepayment risks in mining hosting when a counterparty changes ownership structure, as Blockstream did after its 2024 spin-off.
#BTC
Source: The Cryptonomist (IT)
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