Poolin Technology Pte.
Ltd., the Singapore-based parent company of what was once one of the world's largest bitcoin mining pools, filed for Chapter 11 bankruptcy protection in the U.S.
Bankruptcy Court for the District of New Jersey after its Texas bitcoin mining and hosting operations ceased activity on July 10.
The filing includes two U.S. affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC.
Poolin's petition lists estimated creditors between 10,001 and 25,000, assets between $1 million and $10 million, and liabilities between $100 million and $500 million.
