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Alleged non-existent NuMiner agreement with Gryphon

Company: Core Scientific

Subject kind
partnership
Statement date
2022-03-03
Promised amount
1700000000.0 USD
Current status
stated

The claim, verbatim

Culper Research alleged that Gryphon announced an agreement with NuMiner to purchase $1.7 billion of NM 440 miners, but alleged that these miners do not exist and will never exist.

Source (primary)

Core Scientific, Inc. — Entry #1842: Adversary case 22-03345 (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-26)Live source ↗

Quote: “In February 2022, ANY's promotion kicked into high gear as the company announced that it entered into an agreement with "NuMiner" to purchase $1.7 billion worth of "NM 440" 440 TH/s miners. We think these miners do not exist, [and] will never exist.”

How we checked this

Checked on September 28, 2026. The cited source supports every part of this claim.

The complaint quotes the Culper Report making exactly these allegations about the NuMiner agreement.

Confirmed in the source:

What we did: Read our cached copy of RECAP (purchased via PACER) (https://storage.courtlistener.com/recap/gov.uscourts.txsb.460090/gov.uscourts.txsb.460090.1842.0.pdf) in full (60,424 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific, Inc. — Entry #1842: Adversary case 22-03345

Quote: “In February 2022, ANY's promotion kicked into high gear as the company announced that it entered into an agreement with "NuMiner" to purchase $1.7 billion worth of "NM 440" 440 TH/s miners. We think these miners do not exist, [and] will never exist.”

View cached copy (2026-09-26)Live source ↗