Wash. County's New Power Rate For Crypto Miners OK'd
Law360 (March 13, 2020, 9:49 PM EDT) -- A Washington federal judge struck claims brought by cryptocurrency "miners" who argued that the creation of a new rate on electricity for "emerging industries" in Grant County violated their due process rights, the state and U.S. constitutions as well as the Federal Power Act.
In a Thursday order, Judge Rosanna Malouf Peterson of the U.S. District Court for the Eastern District of Washington largely granted the Grant County Public Utility District No. 2's motion for summary judgment in a case brought by cryptocurrency mining companies, including Blocktree Properties LLC, Cytline LLC and Miners United LLC.
One individual and five companies that...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!