The new case of bankruptcy of a primary Believe subsidiary is another signal one ‘crypto winter' try a long, long way away from thawing.
Towards Tuesday, Nevada-established crypto-amicable payment processor chip Banq Inc submitted having Chapter eleven bankruptcy cover, citing this new “unauthorized” transfers from $17.5 mil worth of property to low-fungible token (NFT) systems arranged because of the a threesome regarding previous Banq managers, as well as their inventor and you can previous Chief executive officer Scott Purcell.
When you look at the , Banq registered a municipal fit during the government legal against the former...