☁️New Chapter 11 Bankruptcy Filing -- Cash Cloud Inc. (d/b/a Coin Cloud)☁️

On February 7, 2023, Cash Cloud Inc. (d/b/a Coin Cloud)(“CC”) filed a chapter 11 bankruptcy case in the District of Nevada (Judge Nakagawa). CC runs a business centered on Digital Currency Machines (“DCMs”). DCMs are a broader version of a Bitcoin ATM which allow customers to convert multiple types of digital currencies to and from cash. Why use a physi…