4 Articles 0 Followers
7 Feb 2023 2 minute read 0 comments SweptOverNiagara
Just 2 days before Christmas (2022), I published 'Bitcoin miner Core Scientific approved for $37.5M loan' in which I outlined steps the company was taking to avoid total collapse. Going public in July, 2021 with a value of $4.3B and initially enjoyin...
10 Jan 2023 1 minute read 0 comments kev_nag
Pomerantz LLP, a New York based law firm, has commenced an investigation into Core Scientific based on reports Core’s leadership had engaged in securities fraud which negatively affected its stock price. Acting upon a report by Culper Research dated...
28 Oct 2022 3 minute read 0 comments kev_nag
“Cryptocurrency miner Core Scientific Inc., one of the world’s largest bitcoin miners, said Thursday that it may seek bankruptcy protection as it contends with the prolonged slump in bitcoin prices coupled with an increase in electricity costs. The c...
22 Oct 2022 2 minute read 0 comments kev_nag
“Crypto lender Celsius Network’s legal journey has gained another chapter as Bitcoin miner Core Scientific accused the company of refusing to pay its bills since filing for Chapter 11 bankruptcy, according to court papers filed on Oct. 19. Core Scien...
