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Review and Legal Advisory on Contract for Proxy Purchase and Management of Cryptocurrency Mining Equipment

Review and Legal Advisory on Contract for Proxy Purchase and Management of Cryptocurrency Mining Equipment

Client Information
Corporation / Party

 
Case Details

The client, engaged in a Bitcoin mining business, considered outsourcing the purchase and operation of mining equipment to another company.

After multiple meetings, they proceeded with contracts involving a Russian company overseeing the overall purchase process and another company responsible for practical tasks such as procurement, customs clearance, shipping, and installation.

Decent's Strategy
At the client’s request, Decent Law Firm conducted a detailed review of each company’s responsibilities, providing legal advice on the Bitcoin mining equipment purchase and outsourced operation contracts.

We assisted in examining specific clauses of the outsourcing contract, such as renewal terms and grounds for termination, as these factors could affect the legal implications.
Outcome
"Provision of Korean/Russian Translation Review for Purchase & Operation Outsourcing Contract"

We assisted in providing reviewed Korean and Russian translations for the mining equipment purchase, operation delegation, and service outsourcing contracts.
#Cryptocurrency Mining # Proxy Purchase Agreement # Service Outsourcing Agreement # Cryptocurrency # Bitcoin

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