StormX files for Chapter 7 bankruptcy with creditors required to file claims directly

StormX, a blockchain-based rewards platform, announced on X that it has filed for Chapter 7 bankruptcy in a U.S. court under case number 25-10730(BLS). Chapter 7 bankruptcy permits the liquidation of a debtor’s assets to repay creditors. According to this announcement, creditors must file claims directly through the court’s website, as no claims agent is involved.