Perianne Boring, CEO and founder of the Chamber of Digital Commerce (CDC), has announced that the association has taken legal action against the Environmental Impact Assessment (EIA). This comes after an EIA survey was rolled out to acquire sensitive Bitcoin mining data and crackdown on these mining operations.
Chamber Of Digital Commerce Files For A Restraining Order
The Chamber of Digital Commerce recently filed a legal suit to obtain a temporary restraining order against the EIA and injunction to halt their survey process. Furthermore, Boring highlighted “abuse of power” by the EIA, which poses a threat to the Bitcoin mining industry. Currently, the Chamber is awaiting the court’s decision on the restraining order to safeguard the industry’s interests.
In addition, the Texas Blockchain Council (TBC) alongside Riot Platforms has initiated legal action seeking declaratory and injunctive relief against the U.S. Department of Energy (DOE), its EIA, and the U.S. Office of Management and Budget (OMB). This lawsuit was lodged in the U.S. District Court for the Western District of Texas on February 22nd. It alleged that the EIA’s abrupt data collection efforts on Bitcoin mining, involving numerous TBC members including Riot Platforms, are unlawful.
In addition, the plaintiffs contended that both the EIA and OMB have breached the Paperwork Reduction Act and its accompanying regulations. Moreover, it accused the government agencies of arbitrary and capricious conduct reminiscent of the SEC’s actions in contravening the Administrative Procedure Act.
Also Read: Cardano’s Charles Hoskinson — “Community Notes Just Murdered The ECB”
Measures Sought By TBC After Sensitive Bitcoin Data Collection
The crux of the plaintiffs’ argument lies in the assertion that the EIA’s rushed data collection procedures for BTC mining, coupled with what they perceive as contrived urgency, constitute a violation of due process and an unwarranted intrusion into private sector data. As articulated in their legal filing, the essence of the matter revolves around what they characterize as a flawed government process, driven by artificial time constraints, and characterized by overreaching data collection practices.
In response to these grievances, Mines and TBC are seeking interim measures in the form of a temporary restraining order and preliminary injunction. These measures aim to halt the DOE and EIA from further data collection activities targeting specific commercial Bitcoin miners. Furthermore, they seek to nullify the OMB’s authorization for such data collection and to prevent the defendants from engaging in any further data collection endeavors without proper notice and opportunity for public comment.
Also Read: Bitcoin ETFs & Crypto Stocks Lose Steam Amid These Key Developments
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