Bitcoin Mining Company HashFast Bankruptcy Auction Announced

Bitcoin Mining Company HashFast Bankruptcy Auction Announced

HashFast, a mining company which once boasted that its hardware is "... the fastest Bitcoin Mining ASIC in the world. Period," was granted permission last Wednesday to liquidate its remaining assets. Officially, HashFast is bankrupt and owes investors from around the world a sum close to $40M. The ruling could be one of the most sardonic "wins" for a bitcoin company in court thus far. In the months leading up to the California judge's ruling, HashFast was beset by a number of legal accusations. The list includes breach of contract, fraud, and an involuntary bankruptcy petition. For....


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