Rivermen, a company operating on the X platform, has announced its bankruptcy due to poor management. The announcement was made on July 6, 2023, and has sent shockwaves through the cryptocurrency community. The company has been accused of unlawfully terminating employee contracts and has failed to pay labor compensation amounting to 591,692 yuan.

The company's bankruptcy has raised concerns about the management and operation of businesses on the X platform. The X platform is known for its decentralized and transparent nature, but the bankruptcy of Rivermen has highlighted the potential risks and challenges faced by companies operating on the platform. The company's failure to pay labor compensation and terminate employee contracts has also raised concerns about the treatment of employees and the impact on the community.

The company's account handle @RivermenNFT has retained its affiliation with Lihua, but it is important to note that Rivermen's X account has no connection with the intellectual property of 'Lihua', 'Rivermen', 'VOXELRIVERMEN', or 'Ponlaii'. This has raised questions about the company's ownership and control, and has led to concerns about the potential for further issues on the X platform.

The bankruptcy of Rivermen has also raised concerns about the potential for further issues on the X platform. The platform is known for its decentralized and transparent nature, but the bankruptcy of Rivermen has highlighted the potential risks and challenges faced by companies operating on the platform. The company's failure to pay labor compensation and terminate employee contracts has also raised concerns about the treatment of employees and the impact on the community.

In conclusion, the bankruptcy of Rivermen has raised concerns about the management and operation of businesses on the X platform. The company's failure to pay labor compensation and terminate employee contracts has also raised concerns about the treatment of employees and the impact on the community. The X platform is known for its decentralized and transparent nature, but the bankruptcy of Rivermen has highlighted the potential risks and challenges faced by companies operating on the platform.