CryptoCoinDeskabout 2 hours ago
Poolin files Chapter 11 bankruptcy
1 min read
Bitcoin mining company Poolin filed for Chapter 11 bankruptcy in New Jersey on July 22 with estimated liabilities between $100 million and $500 million. A $52 million bid from Thor CALAP LLC for Poolin's West Texas mining sites is the only meaningful recovery for creditors owed approximately $173 million.
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