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RETRACTION: Compute North Did Not Pay Execs $3M on the Day It Declared Bankruptcy
The filing states the money was paid over the course of the year ended Sept. 22, not that day as CoinDesk reported earlier based on a mistaken reading of the document.
Compute North did not pay several executives about $3 million on Sept. 22, the same day it filed for bankruptcy. CoinDesk has retracted a story published Nov. 4 that, based on a mistaken reading of a court filing, said otherwise.
The filing states that these payments were made in the year leading up to Sept. 22.
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Eliza Gkritsi
Eliza Gkritsi is a CoinDesk contributor focused on the intersection of crypto and AI, having previously covered mining for two years. She previously worked at TechNode in Shanghai and has graduated from the London School of Economics, Fudan University, and the University of York. She owns 25 WLD. She tweets as @egreechee.
