Bitcoin Miner Failed to Oversee Russian Data Center, Suit Says

Compass Mining Inc., a company selling computer systems built for mining Bitcoin, failed to remove a customer’s mining servers from Russian data centers after the US enacted sanctions against the country at the start of the Ukraine-Russia war, a suit in California federal court said.

Veribi LLC is asking for at least $1.5 million in damages, claiming that Compass had a duty to obtain Veribi’s Bitcoin mining hardware from BitRiver AG, which was sanctioned under Executive Order 14024, the complaint said.

Compass “has an obligation to act in its customers’ best interest to secure their property in any practicable manner ...