Crypto
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy protection
Bitcoin mining pool Poolin filed for Chapter 11 bankruptcy protection in the United States and began a process to sell two West Texas mining sites for $52 million as part of a creditor recovery program. Cointelegraph reported that Poolin and two U.S. affiliates filed on July 23 in a New Jersey court. Court filings put liabilities at $100 million to $500 million and assets at $1 million to $10 million.
