LeEco chairman has $182 million in assets frozen after failing to pay off company's debts

Call it schadenfreude if you will, but LeEco’s massive death spiral is getting ever more interesting to observe. Previously, the company officially halted its ambitious plan to expand onto US territory, fired about 80 percent of its workforce in the country, and sold off the property on which it had previously planned to build a Silicon Valley HQ. But this wasn’t nearly enough to cover all the debt, though, as a Shanghai court has now frozen $182 million in assets tied to LeEco’s founder, Jia Yueting.

The freezing of the assets, which are property …