Bitcoin miner Iris Energy unplugs hardware collateralizing over $100 million in loans

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Bitcoin miner Iris Energy unplugs hardware collateralizing over $100 million in loans
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Iris Energy unplugged miners used as collateral for over $100 million in debt after receiving a default notice from its lender.

Withdrawals cannot be resumed immediately as FTX Japan uses the same suspended payment system as its parent company, according to the Japanese public broadcaster.

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