Compartir este artículo
Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Capital.
Por Jamie Crawley
CORRECTION (Feb. 9, 20:16 UTC): Corrects sub-head and the story throughout, to clarify that Genesis Global Capital is the top creditor. An earlier version of the story had Genesis Global Trading as the top creditor, which was incorrectly included by Coin Cloud in its initial filing.
Coin Cloud, which operates more than 4,000 bitcoin ATMs across the U.S. and Brazil, has filed for bankruptcy protection with estimated liabilities of between $100 million and $500 million.
STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines
The Las Vegas-based firm has assets of between $50 million and $100 million and as many as 10,000 creditors, according to a filing in the U.S. Bankruptcy Court for the District of Nevada dated Feb. 7.
The company's largest unsecured creditor is Genesis Global Capital, which lent just over $100 million to Coin Cloud last year, according to a separate filing. Genesis is a subsidiary of Digital Currency Group, which is also the parent company of CoinDesk.
Genesis also discussed injecting equity into the ATM operator, Bloomberg reported in November.
Coin Cloud hired legendary filmmaker Spike Lee to direct a commercial for it in 2021.
Read more: Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions
The companies will explore the development of trading, prime services, custody, staking and lending solutions for institutional clients.
Lo que debes saber:
- The enhanced partnership builds on the existing tie-up between Standard Chartered and Coinbase in Singapore.
- Standard Chartered provides banking connectivity that enables real-time Singapore dollar transfers for Coinbase’s customers.
Top Stories
