Core Scientific Owes About $1 Billion to Several Creditors Including MassMutual and BlockFi

Oct 29 (The Block) - Bitcoin miner Core Scientific listed MassMutual as one of its creditors this week and claimed that it will not be making the payments that were supposed to commence in late October and may be considering bankruptcy.

The miner owes around $1 billion to a number of businesses, including the parent company of the digital asset bank Anchorage Digital, Anchor Labs, investment banking firm B. Riley, crypto financial services provider NYDIG, and cryptocurrency lender BlockFi.

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