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Crypto project Bitcache, founded by Kim Dotcom, begins liquidation process in New Zealand over unpaid legal fees

Bitcache, a cryptocurrency project founded by Kim Dotcom, has gone into liquidation in New Zealand due to unpaid legal fees. Dotcom tweeted that a law firm had invoiced the company for past legal fees, despite having offered to work for shares in the company. Dotcom said he supported the liquidation of the firm, which he had been an evangelist for. However, he added that the project would continue under a new name, Fileshop, which was being developed from scratch with a new code base and without any of the Bitcache IP.

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