USBTC would have pursued bankruptcy absent merger
Company: Hut 8
The claim, verbatim
According to someone highly familiar with USBTC, the company would have filed structured bankruptcy if not for the Merger.
Source (primary)
Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick… (RECAP, court_filing)
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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 #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick…
Quote: “according to an individual "highly familiar with USBTC," if not for the Merger, USBTC "would have done a structured bankruptcy."”