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Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy

Factom Inc.'s board has presented a proposal for restructuring the business, which will now be assessed by the administrators.

Updated Sep 14, 2021, 8:53 a.m. Published Jun 19, 2020, 1:06 p.m.
Factom CEO Paul Snow at North American Bitcoin Conference 2015. (Credit: CoinDesk archives)
Factom CEO Paul Snow at North American Bitcoin Conference 2015. (Credit: CoinDesk archives)