PANews May 23 news, according to CoinDesk, the Core Scientific bankruptcy judge said at a hearing on Monday that the company should shorten the restructuring timetable by "at least one month" because creditors have called on it to speed up its exit from Chapter 11 of the bankruptcy law. bankruptcy proceedings. Lawyers for Core Scientific said the company could reach a restructuring plan by Sept. 25. Shares in Core Scientific, once the largest crypto mining company, fell sharply last November as FTX crashed and bitcoin prices plummeted. The company went public in 2021 at a valuation of $4.3 billion, but by the time it filed for bankruptcy in December, its market value had dropped to $78 million.