Stock Groups

NY State Supreme Court dismisses petition against crypto mining company -Breaking

[ad_1]

NY State Supreme Court dismisses petition against crypto mining company

A Yates County judge of the New York State Supreme Court ruled in favor cryptocurrency mining company Greenidge Generation. This decision was important because it dismissed a petition by environmental activists.

According to an April 7 press release by Greenidge, Judge Daniel Doyle dismissed a petition against the Greenidge Generation Holdings brought by a group of environmental organizations — Sierra Club, Seneca Lake Guardian and the Committee to Preserve the Finger Lakes as well as a number of individuals — in an attempt to stop the mining operation at Seneca Lake.