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Monday, 23 February 2015

Bitcoin Miner Aquifer Files for Chapter 11 Bankruptcy

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Bitcoin mining company Aquifer LLC has filed for Chapter 11 bankruptcy protection.


According to court documents obtained by CoinDesk, Aquifer, also known as AQH, LLC, filed for Chapter 11 in the US Bankruptcy Court for the Northern District of California on 19th February.


The company claimed between $1m and $10m in assets, as well as between $1m and $10m in outstanding liabilities. The company has between one and 49 creditors, the filing stated.


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