Crusoe Energy, a Denver-based company that provides gas-tobitcoin infrastructure is now suing Alkane Midstream LLC for alleged patent infringements and the poaching of customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its business.”
Crypto Flare Mitigation Company Crusoe Files A Lawsuit Against Texas-Based Alkane Midstream
Crusoe Energy was a mitigation company for gas-tobitcoin flares. They filed a lawsuit against Alkane Middlestream on August 22nd, 2022. The gas-to-bitcoin infrastructure firm is asking the Denver division of Colorado’s federal court to order Alkane to stop infringing on two patents.
Bitcoin.com News obtained a lawsuit claiming that Alkane made Crusoe lose his job after the two oil and gas refiners with which it had signed agreements in November 2021. The two gas and oil producers are called the “Colorado Producers,” and are not officially named in the lawsuit filed against Alkane.
“Alkane has infringed Crusoe’s patents in Colorado and has interfered with Crusoe’s current and prospective business relations in Colorado,” the company’s lawsuit details. Cruso’s legal complaint further insists Alkane “committed, aided, abetted, or participated in the tortious act of patent infringement.”
A report published on August 26, quoting businessden.com, noted that Alkane CEO Ryan Blazee called the trial “disappointing” and there was “little surprise.” Blazzi said that some of the things claimed in the complaint will be regretted. Further, Blazee stated that Alkane worked previously with Crusoe Energy and had no grievances. U.S. Patent No. U.S. Patent Number. 10,862,309 (the 309 patent).
Crusoe Energy raised previously $505 million in April 2022. The company also works with many oil and gas producers across North America. Crusoe Energy is not the only company that works with gas-tobitcoin solutions. Validus Energy, Greenidge Generation and Upstream Data as well as Vespene Energy and EZ Blockchain use similar flare mitigation technologies.
In addition to the alleged patent infringement, after the deals in November 2021 were canceled, Crusoe claims the president of the “Colorado Producers” said the firm’s services were no longer needed because “the ‘Colorado Producers’ had contracted with Alkane.” Crusoe is not only asking for the court to order Alkane to stop infringing the two patents but it is also seeking monetary damages and a “trial by jury on all issues.”
What do you think about Crusoe Energy’s lawsuit against Alkane Midstream? Comment below and let us know how you feel about the subject.
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