Crypto miner Mawson pushed into bankruptcy court by creditors

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Mawson Infrastructure Group, a company known for its role in building data centers for Bitcoin miners and artificial intelligence, is under attack from creditors.

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With its cash reserves falling below $6 million, creditors in Australia, including W Capital Advisors and Marshall Investments, have filed a Chapter 11 petition in Delaware.

The creditors claim the mining firm owes over 13.5 million Australian dollars ($8.7 million). The filing, made on Wednesday, wants to legally push the company into bankruptcy.

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https://www.msn.com/en-us/money/other/crypto-miner-mawson-pushed-into-bankruptcy-court-by-creditors/ar-AA1vjYTA