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via Cointelegraph · By Cointelegraph Staff
Bitcoin Depot Filing Casts Doubt on Company’s Future Amid Lawsuits
BTC
BTC/USDT
$63,140.05
+0.13%
$63,140.05
+0.13%
(24s)24h Volume
$2,813,591,139.85
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate
+0.0043%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:17 PM UTC)
1 min read
Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment.
In a Form 10-Q filing with the US Securities and Exchange Commission (SEC) on Tuesday, Bitcoin Depot chief financial officer David Gray reported that the company had accrued more than $20 million in legal…
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