public
By Selling Mining Assets, BlockFi Raises Over $5 Million
A US bankruptcy court approved the sale of mining equipment and other tangible assets by BlockFi, a crypto asset lending…
Chapter 11
A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy.
5 posts
public
public
Existing Creditors Granted Core Scientific $37.5M Bankruptcy Loan
According to Reuters, the US bitcoin miner Core Scientific received approval from a group of current creditors on December 23…
J.K. Tan
•
public
Crypto Twitter's Response to Core Scientific's Chapter 11 Bankruptcy Filing
On December 21, Core Scientific will file for Chapter 11 bankruptcy protection in Texas. One of the biggest publicly traded…
J.K. Tan
•
public
Chapter 11 Bankruptcy Filed by Fintech Symbiont Company
The next brand to lose ground in the challenging and unstable cryptocurrency business is Symbiont. Early in December, the business…
J.K. Tan
•
public
BlockFi Declares Bankruptcy Due to FTX Contagion
Another company is succumbing to the contagion as the cryptocurrency market continues to suffer the consequences of the FTX collapse.…
J.K. Tan
•