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About BITX

BitX Exchange (BITX) is a cryptocurrency launched in 2023. BITX has a current supply of 136,991,946.23Bn with 0 in circulation. The last known price of BITX is 0.000000000001 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $77.70 traded over the last 24 hours. More information can be found at .
BITX Price Statistics
BITX’s Price Today
24h Price Change
-$019.26%
24h Volume
$77.700.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6595
BITX Market Cap
Market Cap
$0
Fully Diluted Market Cap
$72,130.71
BITX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BITX Supply
Circulating Supply
0
Total Supply
136,991,946.23Bn
Max Supply
0
Updated Dec 15, 2024 10:29 am
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BITX
BitX Exchange
$0.000000000001
$0(+19.26%)
Mkt Cap $0
There's nothing here for now
Rhodium Enterprises Faces Fraud Allegations From Investors
Rhodium Enterprises Faces Fraud Allegations From Investors
According to BlockBeats, a group of investors has filed a class-action lawsuit against the founder of Texas-based Bitcoin mining company Rhodium Enterprises, alleging fraudulent activities. The lawsuit, initiated by attorneys from Iacuone McAllister Potter, accuses the defendants, including Rhodium executives and Fort Worth-based Imperium Investments Holdings, LLC, of misleading the plaintiffs by concealing critical information and engaging in self-dealing transactions. The plaintiffs claim they were misled into investing a total of $33 million, with the lawsuit filed in Tarrant County District Court. The legal action asserts that the defendants intentionally deceived the plaintiffs to secure millions of dollars in investments, allegedly for personal enrichment and to benefit Imperium. The plaintiffs, comprising over a dozen investors in Rhodium, allege that significant facts regarding their investments and Rhodium's business operations were deliberately withheld. A key accusation is that the defendants failed to disclose an impending transaction to sell Rhodium's operational facilities to direct competitor Riot Blockchain, which reportedly led to a conflict over critical power contracts. This lawsuit follows previous reports from August, where Rhodium Enterprises filed for voluntary bankruptcy under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas, revealing debts of up to $100 million. The bankruptcy filing, submitted on August 24, included six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW. The documents indicated that the company's debts ranged between $50 million and $100 million, while its total assets were estimated to be between $100 million and $500 million. This financial disclosure has added another layer of complexity to the ongoing legal challenges faced by Rhodium Enterprises, as the company navigates both bankruptcy proceedings and the newly filed lawsuit alleging fraudulent conduct.
Dec 15, 2024 10:13 am
The founder of the US Bitcoin mining company Rhodium faces a class action lawsuit, allegedly misleading the plaintiff to invest $33 million
The founder of the US Bitcoin mining company Rhodium faces a class action lawsuit, allegedly misleading the plaintiff to invest $33 million
A group of investors has filed a class-action lawsuit against the founder of Texas-based bitcoin mining company Rhodium Enterprises, alleging fraud. The lawsuit, filed by attorneys at Iacuone McAllister Potter, claims that defendants, including Rhodium executives and Fort Worth-based Imperium Investments Holdings, LLC, intentionally misled plaintiffs into investing a total of $33 million by concealing key information and engaging in proprietary trading. The case has been filed in Tarrant County District Court. The lawsuit alleges that "the defendants intentionally misled and deceived the plaintiffs to secure their millions of dollars in investments so that the defendants could enrich themselves and Imperium." The plaintiffs, including more than a dozen Rhodium investors, allege that material facts about their investments and Rhodium's business operations were intentionally concealed. Most prominently, the lawsuit alleges that the defendants failed to disclose the impending sale of Rhodium's operating facilities to direct competitor Riot Blockchain, a deal that directly triggered a conflict over key power contracts. (BusinessWire) In August, it was reported that Bitcoin mining company Rhodium Enterprises had filed for voluntary bankruptcy under Chapter 11 of the U.S. Bankruptcy Court for the Southern District of Texas, disclosing debts of up to $100 million. The document was filed on August 24 and includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW and Rhodium 30MW. The document shows that the company's debt is between $50 million and $100 million, while its total assets are estimated to be between $100 million and $500 million.
Dec 15, 2024 10:05 am

Frequently Asked Questions

  • What is the all-time high price of BitX Exchange (BITX)?

    The all-time high of BITX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of BitX Exchange (BITX) is 0. The current price of BITX is down 0% from its all-time high.

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  • How much BitX Exchange (BITX) is there in circulation?

    As of , there is currently 0 BITX in circulation. BITX has a maximum supply of 0.

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  • What is the market cap of BitX Exchange (BITX)?

    The current market cap of BITX is 0. It is calculated by multiplying the current supply of BITX by its real-time market price of 0.000000000001.

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  • What is the all-time low price of BitX Exchange (BITX)?

    The all-time low of BITX was 0 , from which the coin is now up 0%. The all-time low price of BitX Exchange (BITX) is 0. The current price of BITX is up 0% from its all-time low.

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  • Is BitX Exchange (BITX) a good investment?

    BitX Exchange (BITX) has a market capitalization of $0 and is ranked #6595 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze BitX Exchange (BITX) price trends and patterns to find the best time to purchase BITX.

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