Virginia Bitcoin Mining Operation Ordered to Liquidate Assets By Cointelegraph


© Reuters. Virginia Bitcoin Mining Operation Ordered to Liquidate Assets

BCause Mining, a (BTC) mining operation in the city of Virginia Beach in the United States, was ordered to liquidate its assets.

In an Oct. 9 article, local news outlet the Virginian-Pilot reported that the Bitcoin mining company filed for bankruptcy earlier this year. This week, a federal judge approved the motion to convert the filing from a reorganization to a chapter 7 liquidation.

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