Union Bank of Israel, Ltd. (TLV: UNON), the sixth largest Israeli bank, has been slapped with a lawsuit by a local cryptocurrency mining company. Israminers Ltd, accuses the bank of unilaterally deciding, after three months of operations, that it will no longer allow the company to accept funds from bitcoin exchanges, and then sending back money already received in the account – preventing the company from buying further mining hardware and shutting down the account within 30 days. The founders of Israminers, one of which is also the owner of a law firm, have decided to take the case to the courts, asking for a reprieve from the bank’s decision.