#International_Tech_News

#Compute_North Files for #Bankruptcy as #Crypto_Mining #Data_Center Owes up to $500M

The company filed for #Chapter_11 in the U.S. Bankruptcy Court for the Southern District of #Texas and owed as much as $500 #million to at least 200 #creditors, according to a filing.

https://www.coindesk.com/business/2022/09/22/crypto-mining-data-center-provider-compute-north-files-for-bankruptcy-protection/

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#BIG_TECH | #International_Tech_News

#Voyager_Digital has filed for #Bankruptcy.

The company had already #suspended_trading and #withdrawals for customers.

#Exposure to #failed crypto #hedge_fund #Three_Arrows_Capital was a factor.

Crypto broker Voyager Digital has filed for bankruptcy #protection, days after suspending all trading and withdrawals on its service.

Voyager announced late Tuesday that it had filed for #Chapter_11 #bankruptcy in New York federal court.

The company said prolonged #volatility in the #crypto_markets and the default by Three Arrows Capital on a $666 million loan from Voyager *required #decisive_action.

https://www.protocol.com/bulletins/voyager-digital-files-bankruptcy

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#BIG_TECH | #INTERNATONAL_TECH_NEWS

#Voyager_Digital has filed for #BANKRUPTCY. The company had already #suspended_trading and #withdrawals for customers. Exposure to failed #crypto_hedge_fund

Voyager announced late Tuesday that it had filed for #Chapter_11 bankruptcy in New York federal court. The company said prolonged volatility in the crypto markets and the default by Three Arrows Capital on a $666 million #loan from ..

https://www.protocol.com/bulletins/voyager-digital-files-bankruptcy

Disclaimer: http://DavidVTV.com