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Bitcoin mining agency Argo blockchain has requested to droop the buying and selling of its US shares on NASDAQ, efficient Dec. 27.
The troubled mining agency mentioned in a Dec. 27 press launch, that the transfer to droop buying and selling of its shares, is said to an announcement due on Dec. 28.
Consequently, Argo has requested that the UK Monetary Conduct Authority (FCA) suspends buying and selling of its ADDs and unsecured notes on NASDAQ for about 24 hours, because the London Inventory Alternate market closes on Dec. 27.
Expectedly, buying and selling for Argo’s odd shares will resume on Dec. 28, 2022, after the announcement has been launched.
In the meantime, earlier on Dec. 10, the FCA suspended buying and selling of Argo’s ARB shares, as stories emerged that the mining agency was trying to file for chapter.
About 48 hours later, Argo requested that the buying and selling of its shares be restored on the London Inventory Alternate.
Argo said that though it had not filed for chapter but, it’s vulnerable to not having enough money to assist its enterprise operations over the subsequent month.
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