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Coinbuddy (OP)
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February 03, 2015, 03:37:51 PM
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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
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February 03, 2015, 04:54:49 PM
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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.
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February 03, 2015, 05:40:20 PM
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It shouldn't be a surprise because this was posted quite a while ago Wink
( To answer the question: yes, they had 'a disagreement' with the data center...among other. )
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February 04, 2015, 09:54:23 PM
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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
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