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Direct Buyer of Poolin Wallet IOU Claims
Sell YourPoolin ClaimToday
Get liquidity on your Poolin Wallet claim while the Chapter 11 case proceeds.
Chapter 11 · Case No. 26-18325 · U.S. Bankruptcy Court, District of New Jersey
We review claims of $100 or more.
$50M+
FTX Claims Traded
300+
FTX Customers Served
24hr
Claims Price Quote
6
Poolin IOU Token Types We Buy
A direct route to liquidity
Your claim. A clear next step.
Direct Claims Buyer
We buy with our own capital — no broker, no marketplace. Over $50M in FTX bankruptcy claims traded for 300+ creditors.
Flexible Claim Payments
Get paid in crypto (BTC, ETH, XRP), stablecoins (USDT, USDC), fiat, or through payment processing for restricted jurisdictions.
The background
What Happened to Poolin Wallet?
Poolin was founded in China in 2017 and became one of the world’s largest Bitcoin mining pools. Through PoolinWallet, users stored mined coins and earned interest of roughly 2% to 8.8% a year.
In September 2022, Poolin suspended withdrawals from Poolin Wallet and Pool Account, citing a liquidity crisis. On 15 September 2022, balances were replaced 1:1 with IOU tokens for BTC, ETH, USDT, LTC, ZEC and DOGE. The IOUs were never fully repaid.
On 22 July 2026, Poolin Technology Pte. Ltd. and two U.S. affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC, filed for Chapter 11 in the U.S. Bankruptcy Court for the District of New Jersey (Case No. 26-18325). The company lists about $163.7 million in IOUs owed to Poolin Wallet holders, out of roughly $173.1 million in total obligations. Around 11,700 holders have balances above $100.
In October 2026, the court approved the sale of Poolin’s Texas mining sites to Hut 8 for up to $180 million: $100 million at closing and up to $80 million in milestone payments. The opening bid in July was $52 million.
How much IOU holders will recover, and when, is not yet known. It depends on how sale proceeds are shared between the debtors, on liens and costs of the case, and on the claims process.
Case timeline
Poolin Case Status
As of 6 October 2026
Last updated:
| Date | Event |
|---|---|
| 2 Oct 2026 | Court approves the sale of the Texas sites to Hut 8 for up to $180 million. |
| 30 Sep 2026 | Reopened sale process follows a dispute between bidders; revised Hut 8 bid is worth up to $180 million. |
| 23 Sep 2026 | Hut 8 named winning bidder at $140 million. |
| 22 Jul 2026 | Chapter 11 filed in New Jersey; $52 million opening bid for the Texas sites. |
| 15 Sep 2022 | Wallet balances replaced 1:1 with IOU tokens. |
| Sep 2022 | Withdrawals from Poolin Wallet and Pool Account suspended. |
Claims agent: Kurtzman Carson Consultants LLC d/b/a Verita Global. Official case documents and notices.
The official case overview reviewed for this update does not list a general claims deadline. Check Verita’s notices for the latest filing requirements and deadlines.
Claims we purchase
Poolin IOU Claims We Purchase
As a direct buyer, we purchase claims of $100 or more from Poolin Wallet and Pool Account holders across all six IOU tokens:
Poolin Wallet IOU Claims
Claims backed by IOUBTC, IOUETH, IOUUSDT, IOULTC, IOUZEC and IOUDOGE issued in September 2022.
Pool Account Claims
Miners whose Poolin pool balances were frozen and converted into IOU tokens.
Large Claims and Partial Sales
Sell all of a large claim, or only part of it, and keep the rest of your recovery.
Restricted Jurisdictions
Claims from mainland China, Singapore and other jurisdictions. If you cannot receive payments directly, review our claims payment processing option.
Explore claims payment processingYour options
Why Poolin Creditors Sell Now
The case has just started
Poolin filed for Chapter 11 in July 2026. The official case overview reviewed for this update does not list a general claims deadline. Distributions will take time.
The final recovery is uncertain
It depends on how sale proceeds are shared between the debtors, on liens and on the costs of the case.
Cash today
Selling fixes the amount for the portion you sell, and Paxtibi handles the claim process for that portion after purchase.
How it works
How to Sell Your Poolin Claim — Step by Step
Selling your Poolin claim takes five steps:
- Step 01
Get Your Poolin Claim Price
Send us your Poolin account email and approximate total claim value. We provide a free claim evaluation within 24 hours.
- Step 02
Accept Our Offer
Review our offer, valid for 48 hours. Accept by email to proceed.
- Step 03
Complete KYC Verification
Verify your identity with Sumsub. Provide your claim documents and payment preferences.
- Step 04
Sign the Digital Contract
Sign the claim assignment agreement via DocuSign. It transfers the agreed portion of your Poolin claim to Paxtibi.
- Step 05
Receive Payment
Get paid in crypto (BTC, ETH, XRP, USDT, USDC) or fiat.
Your claims buyer
About Paxtibi — Direct Buyer of Bankruptcy Claims
Paxtibi buys bankruptcy claims from creditors who prefer cash now instead of waiting through the recovery process. We use our own capital, review the documents directly, and settle in fiat or crypto once diligence and KYC are complete.
We work with creditors worldwide, including mainland China and other restricted jurisdictions. Paxtibi is also a recognized creditor of record in the FTX Trading Ltd. Chapter 11 case (Case No. 22-11068, U.S. Bankruptcy Court, District of Delaware). See the official court docket.
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The difference
Direct Buyer vs Claims Marketplace
| Comparison point | Paxtibi | Marketplace or broker |
|---|---|---|
| Transaction model | Direct buyer using its own funds | Matches sellers with outside buyers |
| Quote certainty | Binding quote once diligence is complete | Initial estimate; a buyer may not be ready at that price |
| Speed | No buyer-matching step | Buyer matching adds time |
| Complex claims | Partial sales and restricted jurisdictions reviewed case by case | Mainly standard sale transactions |
| Fees | No separate seller fee: the quoted price is what you receive | Brokerage or marketplace fees may apply |
This comparison reflects Paxtibi’s direct-buyer model and the marketplace or broker model used by claim-trading platforms. Actual terms depend on claim status, documentation, jurisdiction, KYC and diligence.
Know who you are working with
How to Verify You Are Dealing with Paxtibi
Not sure a message is from us? Contact us through the form on this page.- Our only website is paxtibi.xyz.
- PAXTIBI LLP, company number OC449662 (Companies House, UK). Offices: 27 Old Gloucester Street, London WC1N 3AX, and Business Bay, Peninsula Three, Dubai.
- We never ask for private keys, seed phrases, passwords or upfront payments.
- Every email and message comes from a named Paxtibi team member.
Frequently asked
Questions before selling your Poolin claim
Are my Poolin IOU tokens still worth anything?
Your IOU tokens, including IOUBTC, represent a claim against Poolin in its Chapter 11 case. In October 2026, the court approved the sale of Poolin’s Texas sites to Hut 8 for up to $180 million. How much IOU holders will receive, and when, is not yet known. We can review your Poolin Wallet claim and give you a free quote.
Can I sell my Poolin claim if I live in China?
Yes. We work with creditors in mainland China and other restricted jurisdictions, as we did in the FTX case. We agree the payment method with you: crypto, stablecoins or payment processing.
Do I need to file a proof of claim?
The official case overview reviewed for our 6 October 2026 update does not list a general claims deadline. If you sell your claim to Paxtibi, we handle the claim process for the purchased portion from then on. Until the transfer is complete, continue to follow any notices and deadlines that apply to you. Official notices are published by the claims agent, Verita Global, at veritaglobal.net/poolin.
How do I sell my Poolin claim?
Send us your Poolin account email and approximate total claim value through the form. We review the claim and send a quote within 24 hours. If you accept within the offer’s 48-hour validity period, we complete KYC, the assignment contract and payment.
Do I need to pay anything upfront?
No. The quote is free, and we do not charge a separate fee: the price we quote is what you receive.
How is the price for my claim determined?
By claim size, IOU token types, claim status, your jurisdiction and KYC status. We review claims with a value of at least $100.
Can I sell only part of a large claim?
Yes. You can sell part of your claim for cash now and keep the rest of your recovery.
I don’t have all my records. What should I send?
Send what you have: your Poolin account email and the IOU token types and amounts you know. If you have screenshots of your balance or IOU tokens, mention them in your message; we will explain how to provide them and whether anything else is needed.
Is selling my Poolin claim safe and legal?
Bankruptcy claims can generally be transferred under U.S. bankruptcy procedures using claim-assignment documentation. A sale depends on the claim facts, applicable restrictions, KYC and due diligence. Review the assignment terms before signing.
How do I know I’m dealing with Paxtibi and not a scammer?
Our only website is paxtibi.xyz, and our company number is OC449662. We never ask for private keys, seed phrases, passwords or upfront payments. See “How to Verify You Are Dealing with Paxtibi” above, or contact us through the form on this page.
Start with a free evaluation
Get Your Free Poolin Claim Evaluation Now
Direct Claims Buyer • $50M+ in FTX Claims Traded
- No upfront fees
- 24-hour claim price quote
- Confidential process
- Crypto & fiat settlement
Paxtibi is independent and is not affiliated with Poolin, Verita Global, the official committee of unsecured creditors or the bankruptcy court. References to Poolin claims are descriptive only. Nothing on this page is legal, tax or investment advice. Whether we can purchase a claim, and on what terms, depends on the claim facts and documents.