The settlement “resolves the protracted and expensive litigation with Core, and cuts off the significant costs that would have been incurred if the parties were to fully litigate their claims,” a filing by Celsius’ lawyers said, describing the deal – under which Celsius also acquires Cedarvale, an 85-acre Texas mining site – as a “fair, equitable, and a carefully negotiated resolution.”
Source: https://www.coindesk.com/policy/2023/09/15/celsius-core-scientific-resolve-acrimonious-mining-dispute-with-45m-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines