Browsing the "Bankruptcy" Tag

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations

| Yogita Khatri

Bankrupt bitcoin mining firm Giga Watt has said it's shutting down operations after its power was cut and facility access was blocked.

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Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing

| Yogita Khatri

Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing.

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions

| Yogita Khatri

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

Mt Gox’s Corporate Creditors Can Now File Claims for Bitcoin Refunds

| Wolfie Zhao

Corporate creditors of the long-defunct bitcoin exchange Mt. Gox can now enter online claims for refunds of trapped bitcoin assets.

Mt Gox Trustee: $400 Million Sale Didn’t Drop Bitcoin Price

| Wolfie Zhao

The bankruptcy trustee for the defunct Mt. Gox exchange has denied that the sale of $400 million in BTC and BCH caused the recent drop in prices.

Mt Gox Trustee Sells $400 Million in Bitcoin and Bitcoin Cash

| Stan Higgins

Mt Gox's bankruptcy trustee has sold $400 million worth of cryptocurrencies in the past few months.

Hedge Funds Are Reportedly Racing to Buy Mt Gox Creditor Claims

| Stan Higgins

International hedge funds are said to be moving to purchase claims held by customers of the failed bitcoin exchange Mt Gox.

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Class Action Lawsuit Resumes Against Bankrupt Bitcoin Miner KnC

| Pete Rizzo

A class action lawsuit filed against troubled bitcoin startup KnCMiner is proceeding in spite of a recent setbacks.

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

| Stan Higgins

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

California Bankruptcy Judge Says Bitcoin is Property, Not Currency

| Stan Higgins

A US district judge has ruled that bitcoins are a kind of intangible property in an ongoing civil case in California.