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CoinGape

2022-12-21 05:40:15

Breaking: Core Scientific Filing For Chapter 11 Bankruptcy In Texas Today

Breaking: Core Scientific Filing For Chapter 11 Bankruptcy In Texas Today

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: Core Scientific Filing For Chapter 11 Bankruptcy In Texas Today appeared first on CoinGape .

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