Core Scientific Blockchain Firm Expects to Exit From Bankruptcy Next Month

Core Scientific Inc., a blockchain, artificial intelligence (AI) hosting, transaction processing, and application development firm headquartered in Austin, Texas, is expected to come out of bankruptcy. This news emerged after the company announced its agreement in principle on the terms of its Chapter 11 bankruptcy global settlement plan. On Thursday, Dec. 21, Core Scientific said it is looking to get out of bankruptcy in mid to late January 2024. This date is a year after the company collapsed along with other high-profile firms in the cryptocurrency and blockchain sector. Core...

source: https://tokenpost.com/Core-Scientific-Blockchain-Firm-Expects-to-Exit-From-Bankruptcy-Next-Month-10951

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