Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

$104M Lawsuit Alleges Bitcoin Mining Company's CEO Engaged in Racketeering Scheme

Guavy AI Editorial Team
Instruments
BTC
Share

A $104 million lawsuit has been filed against Energy & Compute LLC, formerly Coinmint LLC, and its CEO Ashton Soniat in Puerto Rico's U.S. District Court.

Mintvest Capital Ltd., a minority owner of the bitcoin mining company, alleges that it was denied profit distributions and financial information, and that company assets and hundreds of Bitcoin were diverted as part of a broader fraudulent scheme.

The lawsuit claims that Mintvest has an 18.2% interest in Energy & Compute and estimates that the company generated $570 million in profits from August 2022 through January 2025, with Mintvest's share calculated at $103.7 million.

More on Crypto

Crypto just now

Fruit Fly Brain Tackles Crypto Trading: Can It Outperform Humans?

Crypto 1m ago

DUST Bridges Crypto Trading with Traditional Equity Investing

Crypto 1m ago

Fab Cryptocurrency Sees Significant Price Movements and Increased Trading Volume

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy