Compute North filed for bankruptcy protection in September because it was unable to meet its debt obligations. The mining firm has closed 13 asset sales, four of them major, which have “satisfied” all of its secured debt, which was $250 million, said Compute North’s attorney at a Thursday hearing.

“As a part of this reorg, some folks will have new roles, responsibilities, and reporting lines,” a Chainalysis spokesperson told CoinDesk in an emailed statement. “Unfortunately we will also part ways with some incredibly talented people within our team.”