A Mississippi court has ruled in favor of a state electric utility in its case against defunct cryptocurrency mining company GAW Miners.
Mississippi Power Company (MPC) filed suit in April, alleging breach of contract after GAW Miners failed to pay for months of electrical provision as well as infrastructure installation. The utility initially sought $346,647.29 plus interest and court fees.
In a 10th August court order, US District Judge Keith Starrett granted MPC's request for default judgment. MPC is being represented by local law firm Balch & Bingham.
As a result, MPC said it will take action to collect on the judgement through continued litigation.
“GAW Miners failed to appear and respond to the lawsuit; therefore, Mississippi Power Company was awarded a judgment for all the damages it suffered. We will promptly pursue collection of the judgment through the judicial process," the company told CoinDesk.
Representatives for GAW Miners and Josh Garza did not immediately respond to requests for comment.
The full court order can be found below:
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.