The Storm Never Abates Ep668
Bitcoin And . . .
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Bitcoin ATM Operator CoinCloud Files for Bankruptcy
Bitcoin ATM operator CoinCloud has filed for bankruptcy with liabilities of $100 to $500 million. The company's largest creditor is Genesis Global Trading, which has an unsecured loan of just over $100 million. If they've got a loan out to these guys, you'd kiss another $100 million goodbye if and when. Three AC liquidators ask Judge to intervene, say co-founder is withholding information.
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