StormX has voluntarily filed for bankruptcy protection under the U.S. Bankruptcy Code

BlockBeats News, June 26th, Cryptocurrency cashback platform StormX announced that it has voluntarily filed for bankruptcy protection under Chapter 7 of the United States Bankruptcy Code. Creditors who believe they hold a claim against StormX, Inc. must submit a proof of claim detailing the amount and basis of the claim. No creditors' committee has been appointed in this case, so any proof of claim must be submitted through the court's website.

Previously reported, in July 2021, StormX raised $9 million in funding with Optimista Capital leading the round.