Express

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.

Last Update:

Tags:
Link: StormX Voluntarily Files for Bankruptcy Protection Under US Bankruptcy Law [Copy]

Last: Australian Federal Police Crack Down on Crypto ATM Scams, 77-Year-Old Victim Loses Approximately $280,000

Next: Binance Alpha daily trading volume continues to decline, dropping to $500 million yesterday

From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago

The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago

Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago

Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago

The Crypto IPO Wave: From Fringe to Front Page 18 days ago