Adam Back and two affiliated companies are requesting a U.S. court to enforce a $28 million arbitration award against ChipMotion Technology

ChainCatcher news, according to TheMinerMag, early Bitcoin developer Adam Back and two affiliated companies are requesting a U.S. court to enforce a $28 million arbitration award against Chinese mining chip manufacturer Innosilicon.

According to the complaint, Innosilicon was aware of hidden cracks in the chips of these machines as early as March 2018 (a few months before delivery), yet still completed the delivery in September 2018. The Hong Kong International Arbitration Centre ruled that Innosilicon breached all three contracts and ordered Innosilicon to compensate for the losses: 425.98 bitcoins to Blockstream, 1,393.79 bitcoins to Thigmotropism, and 51.84 bitcoins to Back.