Binance has set up a creditor committee to intervene in the bankruptcy process, and the filing of claims has already been opened

According to the news, Biyin Poolin Mining Pool set up a creditor committee on August 12 and hired law firms to intervene and supervise the bankruptcy process on behalf of all creditors. Currently, the case has entered the bankruptcy asset sale and liquidation stage. Creditors do not need to appoint their own lawyers and can submit claims through the official Verita Global page.

Earlier, Coinprint applied for Chapter 11 bankruptcy protection with the New Jersey District Bankruptcy Court in July and plans to sell its Bitcoin mining assets in Texas for 52 million US dollars.