Publicly traded bitcoin mining firm Core Scientific (CORZ) filed for Chapter 11 chapter safety in a federal chapter courtroom within the Southern District of Texas early Wednesday morning.The chapter petition, based on the...
BlockFi, a cryptocurrency lender has turn into one other agency to fall because of the FTX collapse. BlockFi filed for chapter 11 chapter safety as a consequence of intensive publicity to the defunct...
Key Takeaways
BlockFi has filed for Chapter 11 chapter safety and can try and restructure its operations.
The agency owes cash to greater than 100,000 collectors and has liabilities between $1 billion and $10 billion.
BlockFi...
In a stinging courtroom submitting posted on Thursday John Ray III, the brand new boss of the bankrupt crypto alternate FTX, mentioned the corporate had suffered an “unprecedented and full failure of company...
