According to Wu Blockchain, as disclosed in the §341 creditors' meeting of Poolin, the winning bid for Poolin's asset auction has risen to $180 million, a 246% increase from the previous baseline bid of approximately $52 million, making it about 3.46 times the original bid. The transaction still requires approval from the U.S. Federal Bankruptcy Court in New Jersey and completion of the settlement process. The final repayment amount to creditors will depend on court confirmation, the bankruptcy plan, and subsequent distribution. Tokens from Poolin Wallet users were previously used as collateral for a loan of approximately $213 million from AntAlpha. At the same time, Poolin advanced around $81 million to Lonestar Dream for the construction of a mining facility in the U.S., while accounts receivable of approximately $53.5 million from Poolin China are currently valued at zero. The investigation into the personal liability of founder Kevin Pan is still ongoing, and the federal criminal investigation into Poolin Wallet remains open. Previously, Poolin filed for Chapter 11 bankruptcy protection in July. https://www.(wublock123.com)/news/news-68301