Judge believes there is something strange about the miner's bankruptcy case and orders $1.5 million bail
Source: CoinWorld
Time: 2025-09-15 03:10:15
A Delaware bankruptcy judge ordered creditors who filed for bankruptcy protection by cryptocurrency miner Mawson Infrastructure Group must pay a $1.5 million margin and pay a $204,000 contempt fine to compensate for the losses it has continued to conduct overseas legal proceedings after bankruptcy. Judge Mary F. Walrath said the application was filed maliciously and could have conspired with former CEO James Manning. These creditors are all located in Australia, and they continue to conduct liquidation procedures in Australia despite the automatic suspension order, which also violates U.S. law. Mosen accused Manning of having a self-operated transaction, including paying $11 million in suspicious payments to one of its shipping companies.