Core Scientific: Large crypto mining company filed for bankruptcy!!! SBF is now in US custody

Core Scientific is reportedly filing for Chapter 11 bankruptcy protection in Texas. What does it mean if you hold the CORZ stock?
Sam Bankman Fried (SBF) is now in US custody, Caroline Ellison and Gary Wang are facing charges by the SEC, with Defrauding Investors in Crypto Asset Trading Platform FTX.

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