Compute North’s Reorganization Plan Approved by Bankruptcy Judge

Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan

Compute North filed for bankruptcy protection in September because it was unable to meet its debt obligations. The mining firm has closed 13 asset sales, four of them major, which have “satisfied” all of its secured debt, which was $250 million, said Compute North’s attorney at a Thursday hearing.

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