‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from Celsius

” Celsius request for allowance and immediate payment of the Celsius alleged admin claim neglects that Core has substantial claims against Celsius, which Core believes surpass the Celsius alleged admin claim,” wrote the objection. According to the now-defunct Bitcoin miner, Celsius has actually been “sitting on practically $8 million of cash it owes to Core” due to a “outright post-petition offense” of the agreed-upon disagreement resolution mechanism.Related: Bittrex files for Chapter 11 insolvency simply weeks after SEC chargesCelsius now owes Core Scientific a total of around $11 million, a sum that accrues an extra $28,000 in fees and interest with each passing day, the Bitcoin mining firms lawyers argued.The conflict in between the 2 companies has been raging because Oct. 19, when Core Scientific first implicated Celsius of stopping working to pay its power expenses, pointing out the non-payments as a significant element in the liquidity problems that led to the embattled Bitcoin miner filing for Chapter 11 insolvency on Dec. 21.” The millions of dollars Celsius shortchanged Core after Celsiuss personal bankruptcy filing plus the millions of dollars in litigation … significantly contributed to Cores liquidity drain and ultimate chapter 11 filing.