Poolin formed a creditors’ committee on Aug. 12 and appointed a law firm to represent all creditors and oversee the bankruptcy process. The case is now in the asset sale and liquidation stage. Creditors do not need to hire their own lawyers and can file claims through Verita Global’s official page. Poolin previously sought Chapter 11 protection in New Jersey and planned to sell its Texas bitcoin mining assets for $52 million.
Poolin formed a creditors’ committee on Aug. 12 and retained a law firm to represent all creditors and oversee the bankruptcy process.
The case has now moved into the asset sale and liquidation stage. Creditors do not need to hire their own lawyers and can submit claims through Verita Global’s official page.
Poolin previously filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the District of New Jersey in July and planned to sell its bitcoin mining assets in Texas for $52 million.
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