Due to the fact that the mining rigs were determined by the United States to be of Chinese origin, CleanSpark faces up to a $185 million punitive tariff.

By: theblockbeats.news|2025/08/08 23:12:01
0
Share
copy

BlockBeats News, August 8th: U.S. crypto mining firm CleanSpark disclosed that some of the Bitcoin miners it imported from April to June 2024 have been identified by U.S. Customs as of Chinese origin, potentially facing up to a $185 million punitive tariff. CleanSpark denies the allegations, stating that its purchase contracts and supplier documents indicate that the miners are not manufactured in China and will strongly defend against the accusations.

Reports indicate that earlier, mining firm IREN also faced similar disputes involving an amount of $100 million. (The Miner Mag)

You may also like

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

Bitcoin ETFs lost $4.4 billion over 13 trading days, raising questions about market sentiment and Bitcoin's bottom. Here's what Standard Chartered is watching and how traders are managing idle stablecoin balances during uncertain markets.

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

Discover WEEX App’s new trading tabs: Futures, TradFi, Copy Trade (users)/ Elite Trade (lead traders) on the same page. Solve messy navigation, find opportunities faster, and manage all trades in one place. 

Blockchain Capital Partner: The Core Secret of Arbitrage

On cold starts, breaking the circle, and the toughest hurdle for founders to overcome.

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Supercharged search is here! Discover WEEX’s upgraded Search features with hot events, new listings, live market sentiment, and one-click trading. Trade smarter, seize every opportunity.

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

The cryptocurrency industry may gradually shift from the hype of native altcoins to real asset tokenization, on-chain machine economy, and a more mature industrialization phase.

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Overview of Important Market Events on June 17

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com