Bankrupt Bitcoin (BTC) mining data center operator Compute North paid its top executives over $3 million in benefits before filing for bankruptcy on Sept. 22, according to an Oct. 28 court filing. The court documents showed that the firm paid its former CEO Dave Perrill $612,792 for payroll and benefits. The bankrupt lender paid companies…
Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, according to an Oct. 6 press statement. The press release further stated that the BTC miner paid $50 million to Compute North as operating deposits. The…