Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement

The Denver-based gas-to-bitcoin infrastructure firm Crusoe Energy is suing the rival agency Alkane Midstream LLC over alleged patent infringement and poaching clients in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its enterprise.”

Crypto Flare Mitigation Company Crusoe Files a Lawsuit Against the Texas-Based Alkane Midstream

Gas-to-bitcoin flare mitigation firm Crusoe Energy filed a lawsuit towards the corporate Alkane Midstream on August 22, 2022. The gas-to-bitcoin infrastructure agency is asking the Denver division of Colorado’s federal court docket to order Alkane to cease infringing on two patents.

The lawsuit obtained by Bitcoin.com News additionally claims Alkane precipitated Crusoe to lose work after two gasoline and oil refiners backed away from agreements made with the corporate in November 2021. The two gasoline and oil producers are referred to as the “Colorado Producers,” and usually are not formally named within the lawsuit filed towards Alkane.

“Alkane has infringed Crusoe’s patents in Colorado and has interfered with Crusoe’s present and potential enterprise relations in Colorado,” the corporate’s lawsuit particulars. Cruso’s authorized grievance additional insists Alkane “dedicated, aided, abetted, or participated within the tortious act of patent infringement.”

A report printed on August 26, quoting businessden.com, famous that Alkane CEO Ryan Blazee referred to as the trial “disappointing” and there was “little shock.” Blazzi stated that a number of the issues claimed within the grievance shall be regretted. The CEO additional stated that Alkane had labored with Crusoe Energy previous to the submitting, and there have been no grievances. The two patents talked about within the lawsuit are U.S. Patent No. 10,862,307 (the 307 patent) and U.S. Patent No. 10,862,309 (the 309 patent).

Crusoe Energy beforehand raised $505 million in April 2022, and the corporate has been working with numerous gasoline and oil producers in North America. Alkane Midstream and Crusoe Energy usually are not the one corporations working with gas-to-bitcoin options, as corporations like Validus Power, Greenidge Generation, Upstream Data, Vespene Energy, and EZ Blockchain leverage related flare mitigation applied sciences.

In addition to the alleged patent infringement, after the offers in November 2021 have been canceled, Crusoe claims the president of the “Colorado Producers” stated the agency’s providers have been now not wanted as a result of “the ‘Colorado Producers’ had contracted with Alkane.” Crusoe shouldn’t be solely asking for the court docket to order Alkane to cease infringing the 2 patents however it is usually searching for financial damages and a “trial by jury on all points.”

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