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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis

The company was in “hyper-growth” in January 2022; now it has over 5,000 creditors and debts of over $100 million. Bankrupt Genesis is its largest creditor.

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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis

The company was in “hyper-growth” in January 2022; now it has over 5,000 creditors and debts of over $100 million. Bankrupt Genesis is its largest creditor.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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