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3232Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
https://www.digit.info/bankrupt-celsius-aims-to-raise-14-4-million-from-bitcoin-mining-rig-credits-and-coupons/
Sat, 11 Feb 2023 11:30:45 +0000https://www.digit.info/2023/02/11/bankrupt-celsius-aims-to-raise-14-4-million-from-bitcoin-mining-rig-credits-and-coupons/Read more]]>Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]
]]>Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’
https://www.digit.info/russian-crypto-mining-companies-are-expanding-capacity-as-the-country-becomes-a-preferred-hotspot/
Sat, 20 Feb 2021 15:15:11 +0000https://www.digit.info/2021/02/20/russian-crypto-mining-companies-are-expanding-capacity-as-the-country-becomes-a-preferred-hotspot/Read more]]>Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope With the High Demand According to Igor Runets, […]
]]>Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
https://www.digit.info/nasdaq-listed-crypto-firm-sued-accused-of-defrauding-investors-with-fake-bitcoin-mining-business/
Sun, 24 Jan 2021 11:15:00 +0000https://www.digit.info/2021/01/24/nasdaq-listed-crypto-firm-sued-accused-of-defrauding-investors-with-fake-bitcoin-mining-business/Read more]]>A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business Is ‘Completely Fraudulent’ A class-action lawsuit was filed on Wednesday in the Southern District Court of New York against […]