Court records from the U.S. District Court for the Northern District of California show that bitcoin financial services firm River Financial filed suit against Blockstream Services Canada, ULC on Sept. 11, alleging a breach of a termination agreement tied to payment obligations exceeding $6.7 million. The case is listed under docket number 3:2026cv10252 and is categorized as a contract dispute. The filing also makes clear that the defendant is not Blockstream Corporation. Separately, Blockstream Mining had already been spun out from Blockstream in early 2025 and now operates as an independent company while continuing to use the "Blockstream Mining" name under a brand licensing arrangement. Techub News reported the development, citing Wu Blockchain.
Records from the U.S. District Court for the Northern District of California show bitcoin financial services firm River Financial sued Blockstream Services Canada, ULC on Sept. 11, saying it broke a termination agreement tied to payment obligations of more than $6.7 million.
The case is listed as 3:2026cv10252. It is classified as a contract dispute.
The filing says the defendant is not Blockstream Corporation. And it says Blockstream Mining was spun out from Blockstream in early 2025 and became an independent company, while still using the "Blockstream Mining" name under a brand licensing arrangement.
Techub News reported the case, citing Wu Blockchain.
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