Arstechnica: HashFast’s already terrible situation just got a lot worse. The Bitcoin miner manufacturer-turned-chipmaker never fulfilled a $6 million deal with Bitcoin mining firm Liquidbits, which filed a slew of new documents in federal bankruptcy court in San Francisco on Wednesday.
The judge in the case agreed to hold an emergency hearing on Friday to appoint a Chapter 7 bankruptcy trustee. If granted, the trustee’s primary job would be to immediately liquidate HashFast’s remaining assets.
