Categories: Bitcoin Latest News

RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY

Today at 11:30a in Waco, Texas, the Texas Blockchain Council and Riot Platforms, Inc., asked a Federal District Judge Alan Albright for a temporary restraining order blocking the Energy Information Administration from enforcing their “emergency” survey.

At that hearing, the attorneys for the Government offered a voluntary declaration by EIA Administrator DeCarolis, offering a four-week pause on enforcement and collection. Judge Albright, recognizing that the Government’s offer here was little more than an empty promise without some sort of enforcement mechanism, directed the Government to work with the Plaintiffs to craft a negotiated order that would fully bind the Government to:

Take down the survey for the agreed four-week period;Provide notice that anyone who hasn’t yet complied, that they don’t need to comply right now; andProvide an affirmation that any information which has been received so far, or which is received in the interim, shall be sequestered and not utilized by the Agency.

Also, this order will be National in scope, so every miner in the US is covered.

If the Government can’t reach an agreement by 3pm Central today, the Judge indicated that he would issue a Temporary Restraining Order with the same effect as the above, but would accelerate the timetable to the permanent injunction hearing.

We’ll know more in a few hours when the final order is entered, but it looks like for now at least, the EIA has been stalled in their (allegedly illegal) “emergency” data collection.

Here is a link to the case files.

This is a guest post by Colin Crossman. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Binance Founder Crushes Bitcoin Critic In Game-Changing BTC Vs. Gold Debate

The Binance Blockchain Week event in Dubai became the center of a high-stakes showdown between…

2 hours ago

Is The Bitcoin Bottom In? Top Analyst Assigns 91.5% Probability

Crypto analyst Miles Deutscher has issued one of the most forceful bottom calls of this…

3 hours ago

Here’s Why Bitcoin Volatility Sparks Fresh Attention On MicroStrategy

The Bitcoin price volatility is once again drawing attention to MicroStrategy, the company whose strategy…

4 hours ago

Vivek Ramaswamy’s Strive Urges MSCI to Rethink Bitcoin Index Exclusion

Bitcoin Magazine Vivek Ramaswamy’s Strive Urges MSCI to Rethink Bitcoin Index Exclusion Strive Asset Management…

4 hours ago

The $13.5 Billion Liquidity Injection That Could Send Bitcoin And Crypto Prices Flying

Bitcoin has been struggling to build momentum in recent weeks, and the return of cash…

5 hours ago

Trump’s Security Strategy: Impact on Bitcoin, Gold, Bond Yields

The White House's new National Security Strategy emphasizes increased global fiscal expansion and military spending.Read…

6 hours ago