Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy

Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy

Once the lead proponent and builder of the Factom Protocol, Factom Inc. has been in financial difficulties for some time. The Austin-based company has declared voluntary bankruptcy, saying it is currently not in a position to pay as much as $7.5 million in debts. “It is desirable and in the best interests of the Company …

Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy Read More »