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Biden administration halts infamous Bitcoin mining investigation amid legal backlashThe U.S. Energy Information Administration (EIA) has agreed to destroy data collected so far to end a lawsuit filed by several industry players, including Riot Platforms and the Texas Blockchain Commission. The U.S. Energy Information Administration (EIA) has agreed to halt an emergency investigation into Bitcoin miners as part of a deal to end a lawsuit filed by several industry players, including the Texas Blockchain Commission. According to a March 1 court filing, the EIA must destroy any investigative information it has received as well as information it has not yet received. It must also quarantine or keep the data confidential before it is destroyed.

Biden administration halts infamous Bitcoin mining investigation amid legal backlash

The U.S. Energy Information Administration (EIA) has agreed to destroy data collected so far to end a lawsuit filed by several industry players, including Riot Platforms and the Texas Blockchain Commission.

The U.S. Energy Information Administration (EIA) has agreed to halt an emergency investigation into Bitcoin miners as part of a deal to end a lawsuit filed by several industry players, including the Texas Blockchain Commission.
According to a March 1 court filing, the EIA must destroy any investigative information it has received as well as information it has not yet received. It must also quarantine or keep the data confidential before it is destroyed.
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Ethereum Foundation faces investigation by unknown “state authority”The incident raised multiple questions about the impact of the pending approval of the Ethereum ETF. The Ethereum Foundation has received a subpoena from an unknown “state authority” for the first time, a disclosure that became public after the foundation removed the “subpoena warning” notice from its website. The disclosure, made public in an update to the GitHub repository, represents a pivotal moment in interactions between the government and the Ethereum Foundation. The incident raises multiple questions about the future of Ethereum and its related financial products, particularly the implications of the pending approval of Ethereum exchange-traded funds (ETFs).

Ethereum Foundation faces investigation by unknown “state authority”

The incident raised multiple questions about the impact of the pending approval of the Ethereum ETF.
The Ethereum Foundation has received a subpoena from an unknown “state authority” for the first time, a disclosure that became public after the foundation removed the “subpoena warning” notice from its website.
The disclosure, made public in an update to the GitHub repository, represents a pivotal moment in interactions between the government and the Ethereum Foundation.
The incident raises multiple questions about the future of Ethereum and its related financial products, particularly the implications of the pending approval of Ethereum exchange-traded funds (ETFs).
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