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via Cointelegraph · By Cointelegraph Staff
Bitcoin Depot Filing Casts Doubt on Company’s Future Amid Lawsuits
BTC
BTC/USDT
$79,642.01
-0.10%
$79,642.01
-0.10%
(24s)24h Volume
$7,836,241,592.94
24h H/L
$80,200.00 / $79,233.00
Change: $967.00 (1.22%)
Long/Short
52.9%
Long: 52.9%Short: 47.1%
Funding Rate
+0.0020%
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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