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Crypto farm's power tussle with landlord over electricity use ends up in Singapore court

The farm is suing for trading losses from power-supply loss; the landlord is countersuing for trespass and misrepresentation

Kelly Ng
Published Fri, Feb 5, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    THE buzz behind crypto currencies has charged up a lawsuit in Singapore. A crypto mining firm has claimed that its landlord's interference with the electricity supply led to trading losses in crypto currencies, with the suit throwing up the question of how such losses can be quantified in fiat terms.

    In turn, the landlord alleges that the crypto mining firm should not have labelled itself as a "trading business".

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