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US Bitcoin Miner, ‘Core Scientific,’ Is Filing for Bankruptcy
Core Scientific, one of the largest bitcoin miners registered in the US, is filing for bankruptcy.
The Texas-based company filed for bankruptcy on Wednesday. The firm said that it would continue mining bitcoin whilst it works out a restructuring deal...
Business
Bankman-Fried Founder of Failed Crypto Empire FTX Arrested
Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was arrested Monday in the Bahamas at the request of the U.S. government.
In a statement, the government of the Bahamas said the arrest came after officials received "formal notification...
Business
Cryptocurrency Empire FTX Collapses into Bankruptcy
Cryptocurrency exchange FTX filed for bankruptcy in the US on Friday, seeking court protection as it looks for a way to return money to users.
Former boss Sam Bankman-Fried has also stepped down as chief executive, the company said. It...