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Bitcoinist

2023-02-09 16:20:59

Coin Cloud Files For Bankruptcy After Battling FTX Contagion

Coin Cloud Files For Bankruptcy After Battling FTX Contagion

One of the U.S. and Brazil’s biggest Bitcoin ATM operators, Coin Cloud, filed for Chapter 11 Bankruptcy on Thursday, January 8, after the firm received a severe blow from the crypto winter and the FTX implosion, which left it with millions of dollars in liabilities. Coin Cloud owes about 10,000 creditors but has between $50

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