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Tag: bankruptcy

Crypto Lending Platform Cred Files For Bankruptcy

News | November 10, 2020 By: David Pimentel

Crypto lending platform Cred has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware.

Founded by former PayPal financial technology veterans, Cred is a decentralized global lending and borrowing platform that allows stablecoin issuers,

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Crypto Mining Company Giga Watt Files For Bankruptcy

News | November 22, 2018 By: David Pimentel

Crypto mining company Giga Watt has filed for bankruptcy, claiming that the firm is “insolvent and unable to pay its debts when due.”

Founded by bitcoin miner Dave Carlson, Giga Watt provides turnkey mining service along with high-density distributed computing in areas like Washington and Wenatchee.

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