USBTC would have pursued structured bankruptcy
Company: Hut 8
The claim, verbatim
According to an individual highly familiar with USBTC, if not for the Merger, USBTC would have done a structured bankruptcy.
Source (primary)
Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal… (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-25)Live source ↗
Quote: “according to an individual 'highly familiar with USBTC,' if not for the Merger, USBTC 'would have done a structured bankruptcy'”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal…
Quote: “according to an individual 'highly familiar with USBTC,' if not for the Merger, USBTC 'would have done a structured bankruptcy'”