Dutch cryptocurrency exchange Blockport declared bankrupt, goes into stealth mode
Blockport, an Amsterdam-based cryptocurrency exchange, has been declared bankrupt shortly after its security token offering (STO) failed to hit the soft cap of 1 million (around $1.13 million), The Next Web reported citing the companys bankruptcy records.
The records show that exchange operator Blockport BV was officially declared bankrupt by a court in Amsterdam on May 21, 2019. Citing the failed STO, the company announced last month that it would drastically scale down its operations and development.
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