RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY
In a recent development, Riot Platforms and the Texas Bitcoin Council have filed a lawsuit against the Energy Information Administration (EIA) to prevent it from collecting information on the bitcoin mining industry. The lawsuit claims the EIA lacks the authority to conduct such a survey, calling it an “unlawful power grab.” The outcome of this legal challenge could significantly impact the regulation of the cryptocurrency industry.
