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Title: CoinTerra Files for Chapter 7 Bankruptcy Post by: Coinbuddy on February 03, 2015, 03:37:51 PM CoinTerra, a Bitcoin mining company, has filed for chapter 7 bankruptcy, meaning that the firm will likely have to liquidate all of its assets to pay its creditors. Read this interesting article here: http://www.coinfinance.com/news/cointerra-files-for-chapter-7-bankruptcy Title: Re: CoinTerra Files for Chapter 7 Bankruptcy Post by: alh on February 03, 2015, 04:54:49 PM While interesting, this can't be a surprise to anyone. Didn't they just recently get kicked out of their Data Center and have to suspend operations? The Chapter 7 filing is more confirmation of their status than anything else.
Title: Re: CoinTerra Files for Chapter 7 Bankruptcy Post by: TheRealSteve on February 03, 2015, 05:40:20 PM It shouldn't be a surprise because this was posted quite a while ago ;)
( To answer the question: yes, they had 'a disagreement' with the data center...among other. ) Title: Re: CoinTerra Files for Chapter 7 Bankruptcy Post by: MichaelNZ on February 04, 2015, 09:54:23 PM Today I received a notice from the United States Bankruptcy Court advising me of a meeting of creditors scheduled for ...
February 27 10:00 am Austin Room 118 Homer Thornberry Building 903 San Jacinto Austin Texas 78701 I cannot attend as I live in New Zealand. If someone is planning on going would they be kind enough to post a review of the proceedings |