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RETRACTION: Compute North Did Not Pay Execs $3M on the Day It Declared Bankruptcy
The filing states the money was paid over the course of the year ended Sept. 22, not that day as CoinDesk reported earlier based on a mistaken reading of the document.
Updated May 9, 2023, 4:01 a.m. Published Nov 3, 2022, 12:15 p.m.
Compute North did not pay several executives about $3 million on Sept. 22, the same day it filed for bankruptcy. CoinDesk has retracted a story published Nov. 4 that, based on a mistaken reading of a court filing, said otherwise.
The filing states that these payments were made in the year leading up to Sept. 22.
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