🚨 **Crypto Neobank Banq's Bankruptcy Bid Dismissed!**

Hey crypto enthusiasts! Big news in the blockchain world: Banq, the crypto neobank, had its Chapter 11 bankruptcy application dismissed by a U.S. judge. The court found that Banq's filing was a "bad faith" move to dodge litigation from creditor N9, who alleges Banq's chair, Jon Jiles, failed his fiduciary duties.

- **Key Points:**

- Banq's bankruptcy dismissed as a tactic to avoid litigation.

- N9 claims Jiles prioritized Prime Trust over Banq.

- Banq's focus shifted from crypto payments to NFTs, leading to internal disputes.

What are your thoughts on this legal drama? Drop your comments below! 💬