Moments ago, filed voluntary petitions for Chapter 11 protection and announced that the company initiated a financial restructuring.
Conversation
This decision was made with the intention to provide the best opportunity to stabilize the business, consummate a comprehensive restructuring transaction that maximizes value for all stakeholders, and emerge from Chapter 11 positioned for success in the crypto industry.
114
67
412
Acting in the best interest of our stakeholders, including our entire customer community, is our top priority. We look forward to sharing our progress as we go through this transparent process.
184
67
443
Please see our updated FAQ.
139
70
295
Replying to
Great work Alex. You just affected over 100,000 lives for the worse. This is a wake up call for everyone to never put your money in unregulated places -- people like Alex will always be waiting to rob you of your hard earned income.
Show additional replies, including those that may contain offensive content
Show