
Crypto miner warns of potential bankruptcy as unclosed financing leaves $33 million in maturing debt exposed
The PIPE’s Oct. 10 outside date lands 21 days before the notes mature, with $9.2 million of June liquidity.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.

IOND closed its first session at $62.90, while broker transfers and securities restrictions still shaped practical liquidity.

Creditors who cleared June 16 requirements should be paid within three business days; allowed claim holders still awaiting provider onboarding may forfeit distribution rights.

The signed offers equal 31.8% of wallet IOUs only in gross arithmetic, before estate boundaries, liens and bankruptcy costs.

BitMEX’s orderly shutdown captures a bear market shaped by centralized decline and persistent on-chain exploit risk.

MVMT Labs is the sole named debtor, while Move Industries says it is uninvolved and key asset boundaries remain unresolved.

Together, the court-entered orders restrict marketing across deposit, exchange, investment, withdrawal and trading products, including assisted activity.



