Bankruptcy

Bitcoin

Bitcoin Mining Manufacturer HashFast Enters Chapter 11 Bankruptcy

By entering Chapter 11 bankruptcy, HashFast will now work with its creditors and seek a restructuring of its debt.

Tech  ·  10 June 2014
Startups

HashFast Staves Off Involuntary Bankruptcy In San Francisco Court

A federal bankruptcy judge gave HashFast permission to sell some of its stock and hire a chief restructuring officer.

Business  ·  30 May 2014
Exchanges

Mt. Gox to Sell Bitcoin Trademark, But Could a Buyer Enforce It?

Tibanne, the owner of Mt. Gox, is looking to sell its bitcoin trademark despite questions about the trademark's validity.

Business  ·  28 May 2014
Exchanges

US Court Decision May Prompt More Mt. Gox Revival Bids

A US bankruptcy court has rejected CoinLab's bid to stop Sunlot Holdings from buying Mt. Gox.

Business  ·  27 May 2014
Bitcoin

HashFast is Just One Hearing Away From Involuntary Bankruptcy

An emergency hearing in a San Francisco court today could force the miner manufacturer into involuntary Chapter 7 bankruptcy.

Tech  ·  23 May 2014
Exchanges

Investors and Creditors Unite in Push for Mt. Gox Revival

A group of investors and North American creditors are making moves to revive the bankrupt bitcoin exchange.

Markets  ·  29 April 2014
Exchanges

Investor Group Optimistic in Fight to Stop Mt. Gox Liquidation

A group of investors are seeking control of the bankrupt Mt. Gox bitcoin exchange before its assets are liquidated.

Markets  ·  23 April 2014
Bitcoin

Bankrupt Bitcoin Mining Company Alydian to Sell 218TH/s of Mining Power

Alydian has announced it is now accepting bids for three mining systems with a combined 218TH/s output.

Tech  ·  19 March 2014
Exchanges

Mt. Gox Files for Chapter 15 US Bankruptcy Protection

Troubled Japan-based bitcoin exchange Mt. Gox has filed for Chapter 15 bankruptcy protection.

Business  ·  10 March 2014
Exchanges

Mt. Gox Files for Bankruptcy, Claims $63.6 Million Debt

The exchange's lawyer announced the news during a conference at Tokyo's District Court late on Friday.

Business  ·  28 February 2014
Exchanges

Why Mt. Gox May Be Headed for Bankruptcy

Mt. Gox’s troubles raise a number of red flags that make comparisons with now-bankrupt online gambling sites highly relevant.

Markets  ·  17 February 2014