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StormX Voluntarily Files for Bankruptcy Protection Under US Bankruptcy Law

Summary: Cryptocurrency cashback platform StormX has announced that it has voluntarily filed for bankruptcy protection under Chapter 7 of the US Bankruptcy Code. Creditors who believe they have claims against StormX, Inc. must submit proof of their claims, detailing the amount and basis of the debt. As no creditors' agent has been appointed in this case, ...

Cryptocurrency cashback platform StormX has announced that it has voluntarily filed for bankruptcy protection under Chapter 7 of the US Bankruptcy Code. Creditors who believe they have claims against StormX, Inc. must submit proof of their claims, detailing the amount and basis of the debt. As no creditors' agent has been appointed in this case, all proof of claims must be submitted through the court's website. In July 2021, StormX secured a $9 million financing round led by Optimista Capital.

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