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‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from Celsius

Published 05/09/2023, 01:09 AM
Updated 05/09/2023, 02:40 AM
BTC/USD
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Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender Celsius Network, leading to a battle between the firms over contractual obligations.

According to the objection filed in Texas bankruptcy court on May 5, Core Scientific has asked that Celsius Network’s $4.7 million administrative claims be rejected as the firm cannot prove it is entitled to one.

Core Scientific’s 2020 contract with Celsius Network. Source: Court filing

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