Bitcoin miners and associations came strongly against the Biden Administration’s regulatory overreach against the crypto industry by bringing a lawsuit against three United States government agencies. The move comes after the Biden Administration approved US energy agencies to collect data regarding crypto miners’ energy consumption.
Bitcoin Miners Files Lawsuit Against US Govt Energy Agencies
Texas Blockchain Council (TBC) along with Riot Platforms files a lawsuit for declaratory and injective relief against the U.S. Department of Energy (DOE) and its Energy and Information Administration (EIA), and the U.S. Office of Management and Budget (OMB). The lawsuit is filed in U.S. District Court for the Western District of Texas on February 22.
The plaintiffs argued the EIA’s emergency collection of information from many TBC members including Riot Platforms is “unlawful.” Moreover, they claim that EIA and OMB violated the Paperwork Reduction Act and its implementing regulations. A
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