If you bought a DragonMint and plug it in, just remember you have no one you can hold accountable if it burns down your farm due to a design defect. No one. Does that bother any one else besides me?
And if I Bitmain S9 burns down my farm here in the USA you really think I could hold a Chinese company accountable?
In the case of Bitmain, 100% you can hold it accountable if Bitmain (hypothetically) were negligent or grossly negligent in manufacturing hardware that caused your farm to burn down.
Bitmain Inc. is a Delaware, USA corporation, a subsidiary of its Chinese parent corporation. A plaintiff can hold any Chinese company accountable in the USA, if the Chinese company has assets in the USA, or if the Chinese company has organized a USA subsidiary.
You could sue Bitmain in Delaware. Bitmain's Delaware details are here:
https://i.imgur.com/C1mV1wK.pngFile Number: 5670168
Incorporation Date / Formation Date: January 7, 2015
Entity Name: BITMAIN INC.
Entity Kind: Corporation
Residency: Domestic
State: DELAWARE
REGISTERED AGENT INFORMATION
Name: COGENCY GLOBAL INC.
Address: 850 NEW BURTON ROAD SUITE 201
City: DOVER
County: Kent
State: DE
Postal Code: 19904
Phone: +1 302-734-1450
You could sue Bitmain in California. Bitmain's California details are here:
https://i.imgur.com/k05erMO.pngFile Number: C3791198
Incorporation Date / Formation Date: 05/26/2015
Entity Name: BITMAIN INC.
Jurisdiction: DELAWARE
Entity Type: FOREIGN STOCK
Status: ACTIVE
REGISTERED AGENT INFORMATION
Name: ROBERT J. STEMLER
Address: 400 OCEANGATE, SUITE 1400
City: LONG BEACH
State: CA
Postal Code: 90802
Entity Address: 251 HIGH STREET, SUITE B
City: PALO ALTO
State: CA
Postal Code: 94301
Bitmain is incorporated or authorized to conduct business in numerous states within the USA, and these are just two examples. Bitmain is also authorized to conduct business or is incorporated in
New York and
Colorado, and likely other states as well. You could sue Bitmain in those states too.
You could sue Bitmain in Switzerland. Bitmain is incorporated in Switzerland. See:
https://www.reuters.com/article/us-markets-bitcoin-china-mining/chinese-bitcoin-mining-giant-sets-up-swiss-subsidiary-idUSKBN1EZ27VBitmain Switzerland AG's details are here:
https://zg.chregister.ch/cr-portal/auszug/auszug.xhtml?uid=CHE-384.917.561You could sue Bitmain in numerous other countries around the world, and then seek to have the judgment enforced in Switzerland or the USA. See:
http://www.mondaq.com/x/203698/trials+appeals+compensation/Enforcement+Of+Foreign+Judgments+In+SwitzerlandYou have the option of suing Bitmain in Mainland China, in addition to suing Bitmain in the USA, Switzerland, and other countries. A foreign company typically will not encounter any jurisdictional issues suing a Chinese company in Mainland China. Specifically, Articles 3 and 237 of the Civil Procedure Law of the People's Republic of China grant Chinese courts jurisdiction over international cases involving a foreign plaintiff against a Chinese company.
Bitmain Inc., unlike "Halong Mining", clearly complies with international business norms in terms of disclosing specifically how and where it can be held accountable. This is exactly the kind of information we must demand from Halong Mining. Unless and until it provides it, we have no reason to think it is a legitimate operation, because we have no way to hold it accountable.
