According to court documents, the claims relate to the use of equipment and software for mining bitcoins, as well as technologies covering the algorithms of elliptic cryptography (ECC) for generating and checking digital signatures that underlie the work of the Bitcoin blockchain.
Lawyers Malikie said that the company owns 32,000 “non -critical” patents, which were acquired owned by BlackBerry for $ 200 million in 2023. They require compensation from the defendants for violation of intellectual property rights and the payment of royalties for the use of patented technologies in the mining of digital assets.
Malikie Innovates does not disclose a specific amount of compensation requirements, but assumes that in case of court satisfaction of claims, this may lead to significant payments by Marathon Digital and Core Scientific immediately over several years of illegal use of patents.
The head of the legal department at Amlbot to comply with the legislation on cryptocurrencies and forensic examination Alexander Demchuk) commented that the satisfaction of Malikie claims by the federal court of Texas is unlikely, since the actions of most patents could expire or cover the outdated technologies of mining of bitcoins preceding the implementation of the implementation ECC. However, Malikie claims emphasize the growth of legal complexity and pressure on participants in the crypto industry, where intellectual property rights are becoming a new battlefield for the distribution of financial resources, the expert added.
Earlier, Coinshares analysts said that mining bitcoins in the USA and Germany, which was once considered “gold residential” for enthusiasts and crypto companies, gradually turned into a financial trap for most small market participants.
Source: Bits

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