Leading Global Bitcoin ATM Provider Coin Cloud Files For Bankruptcy
Some analysts are debating whether the crypto winter is over. But for Coin Cloud, the consequences were just too much to handle.
Source: cryptopotato.com
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Coin Cloud Files for Chapter 11 Bankruptcy Protection in District of Nevada
Coin Cloud, a company that has over 5000 ATMs in the US and Brazil, has filed for chapter 11 bankruptcy protection in the district of Nevada.
Source: coinspeaker.com
Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
Coin Cloud, which operates more than 4,000 bitcoin ATMs across the U.S. and Brazil, has filed for bankruptcy protection with estimated liabilities...
Source: businessinsider.com
Crypto's brutal slump has finally caught up with Bitcoin ATMs
The GAO recommended that the Treasury Department's Financial Crimes Enforcement Network and the IRS should review registration requirements for the machines.
Source: accountingtoday.com
Crypto's brutal slump has finally caught up with Bitcoin ATMs
Crypto ATMs in the US peaked at just over 34,000 in August and has since dipped slightly
Source: gulfnews.com