Argo Blockchain (ARBK) is in advanced talks to sell some of its assets and conduct an equipment financing transaction to strengthen its balance sheet and improve liquidity, according to a filing with the London Stock Exchange on Monday. The London-based company said it is hopeful it will be able to make these moves outside of a voluntary Chapter 11 bankruptcy filing in the United States, but there is no guarantee. Argo also stated that draught materials indicating the company had filed for bankruptcy protection were accidentally published on its website last week, resulting in the suspension of trading of shares in both the United Kingdom and the United States on Friday.
