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J Capital report alleged King Mountain facility service failures

Company: Hut 8 - Project: King Mountain

Subject kind
facility capacity
Statement date
2024-04-19
Current status
stated

The claim, verbatim

J Capital Research report alleged that the King Mountain JV has historically failed to provide energy and high-speed internet

Source (primary)

Ubhi v. Leverton — Entry #1: COMPLAINT against Joe Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jaime Leverton, Stanley O'Neal, Rick Rickertsen, Mayo A (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-26)Live source ↗

Quote: “that one of USBTC's core assets, the King Mountain JV, "has historically failed to provide energy and high-speed internet,"”

How we checked this

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

The complaint quotes the J Capital report as alleging that the King Mountain JV historically failed to provide energy and high-speed internet.

Confirmed in the source:

What we did: Read our cached copy of RECAP (purchased via PACER) (https://storage.courtlistener.com/recap/gov.uscourts.ded.86297/gov.uscourts.ded.86297.1.0.pdf) in full (66,775 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Ubhi v. Leverton — Entry #1: COMPLAINT against Joe Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jaime Leverton, Stanley O'Neal, Rick Rickertsen, Mayo A

Quote: “that one of USBTC's core assets, the King Mountain JV, "has historically failed to provide energy and high-speed internet,"”

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