Key Takeaways On July 22, 2026, Singapore-based Poolin Technology filed for Chapter 11 bankruptcy in New Jersey court. The filing reflects broader crypto industry strains, leaving 11,700 wallet holders with $163.7M in frozen IOUs. Poolin plans to liquidate its West Texas mining infrastructure through a $52M floor bid with Thor CALAP LLC. Debt and Affected Users Poolin Technology, once a dominant Bitcoin mining pool operator, has filed for Chapter 11 bankruptcy protection and is seeking court approval to sell its remaining U.S. mining assets and wind down operations. The Singapore-based company and its U.S. affiliates, including Lonestar Dream and Lonestar …
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