Poolin's related debtor's Texas mining assets sale approved by U.S. court

The U.S. Bankruptcy Court in New Jersey has approved the sale of Poolin's Texas mining assets to related debtors for a maximum consideration of $180 million, of which $100 million is the closing price and $80 million is tied to subsequent milestones. The general deadline for filing claims is December 31, 2026, at 4:00 PM Eastern Time, and the court plans to hold a hearing on November 10. The Poolin case involves claims related to platform balances, IOUs, and mining pool revenue; submitting materials does not equate to a valid filing. (Source: Yingke Law Firm)