River Financial Sues Blockstream Services Canada Over Unpaid Bitcoin Mining Settlement

River Financial has filed a lawsuit against Blockstream Services Canada, alleging a default on a $6.7 million settlement agreement. The dispute stems from a 2021 managed hosting contract for Bitcoin mining services. Following a termination agreement signed in December 2024, River claims it is owed $3.5 million in prepaid fees and a $3.1 million termination fee. The case has been assigned to a new judge after a previous magistrate recused himself.