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Bankrupt Crypto Yield Fund ‘Stream Finance’ Commences Liquidation Process

Bankrupt Crypto Yield Fund ‘Stream Finance’ Commences Liquidation Process

In a cryptic post to X, liquidators for Stream Finance – the bankrupt crypto yield platform that disclosed it lost roughly half of user deposits last November – announced they are exploring “strategic alternatives” to maximize recoveries for creditors.

What’s the Scoop?

  • Winding Down: After six months of complete silence, Stream Finance today announced plans to consolidate, liquidate, and distribute remaining assets to creditors through a newly created entity called “Stream Soft Holding Company.”

  • Liquidation Details: According to reporting by The Defiant, Delaware corporate filings show Stream Soft Holding Comapny as incorporated seven weeks ago. Further, a restructuring specialist interviewed by the news outlet…

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