A part-owner of Coinmint LLC, which allegedly runs North America’s largest Bitcoin mining facility, got a green light from a Delaware judge, for now, for its bid to dissolve the company over a leadership deadlock.
Mintvest Capital Ltd. claims in its dissolution petition that the crypto company’s other member—Coinmint Living Trust, which operates it—has repeatedly rejected lucrative private equity buyouts and financing offers after unilaterally moving the LLC from Delaware to Puerto Rico in 2018.
That status change violated the Bitcoin miner’s operating agreement, according to Mintvest’s dissolution petition, which it filed in the Chancery Court in December and later ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.