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CoinGape

2022-12-21 05:40:15

Breaking: Crypto Twitter Reacts To Core Scientific Filing For Chapter 11 Bankruptcy

Breaking: Crypto Twitter Reacts To Core Scientific Filing For Chapter 11 Bankruptcy

Core Scientific is filing for Chapter 11 bankruptcy protection in Texas on Wednesday, December 21. It is one of the largest publicly listed crypto mining companies in the U.S. Core Scientific has decided to file for bankruptcy due to falling crypto prices and rising energy prices that deteriorated its finances. Despite the $72 million in The post Breaking: Crypto Twitter Reacts To Core Scientific Filing For Chapter 11 Bankruptcy appeared first on CoinGape .

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