Judge sees 'smoke' in Chapter 11 miner case, orders $1.5M bond
Yahoo Finance·2025-09-15 05:15
A Delaware bankruptcy judge has ordered the creditors who forced cryptocurrency miner Mawson Infrastructure Group Inc. into Chapter 11 to post a 204,000 in contempt fines for continuing legal action overseas after the bankruptcy was filed. U.S. Bankruptcy Judge Mary F. Walrath said the order was necessary because there was “enough smoke” to question whether the involuntary Chapter 11 petition against Mawson was filed in bad faith, possibly in collusion with the company’s former ...