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Argo Blockchain may have accidentally revealed plans for bankruptcy
Crypto mining company Argo Blockchain may be filing for bankruptcy, according to an accidental announcement.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Argo Blockchain, a crypto mining company, has reportedly accidentally revealed a petition for bankruptcy. This news was reported by Will Foxley, the Content Director at Compass Mining, who shared a screenshot of the special announcement from Argo Blockchain, which was dated for Dec. 12.
The announcement suggests Argo may be preparing to file for bankruptcy, per the screenshot of a document released by Foxley.
Additionally, on Dec. 9, it was reported that Argo's shares had been temporarily suspended by the UK's Financial Conduct Authority (FCA) after the company disclosed a decline in revenue for November.
