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Bitcoin ATM Operator Coin Cloud Seeks Bankruptcy Protection, Owes Millions To Genesis Global
Thursday, February 9, 2023 - 3:00pm | 401Coin Cloud, a Las Vegas-based company that operated more than 4,000 Bitcoin ATMs in the U.S. and Brazil, declared Chapter 11 bankruptcy. The court filing estimated the company's liabilities to be between $100 million and $500 million, with Genesis Global Trading, a subsidiary of...