
Poolin owes wallet users $163.7M, and its $52M Texas sale can still unravel next week
Poolin’s 11,700 wallet creditors still face separate debtor estates, competing claims, and court costs before any recovery can be calculated.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.

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.

Section 701 would place qualifying assets held for customers in Chapter 7 customer-property rules, while classification and title-transfer clauses still matter.



