Kevin Washington trying to get CryptoWatt into receivership, reopened

Kevin Washington, a minority owner of CryptoWatt, the cryptocurrency mining plant in Butte, says he’s “the biggest victim, by a mile” of the plant’s majority owner, Matthew Goettsche, who has been indicted in connection with an alleged $722 million Ponzi scheme.


In a telephone interview Saturday, Washington said he is trying “at all costs” to get the plant back up and running, both to protect his own investment — in the “tens of millions,” according to a lawsuit he filed against Goettsche last week — and to “save it for Butte.”


“It’s a really good asset for Butte, for the taxpayers and for the city,” Washington says.