Blockchain Wealth Management Startup Is Broke According to its Biggest Shareholder

Blockchain Wealth Management Startup Is Broke According to its Biggest Shareholder

Sonic Zhang, the biggest shareholder in the Overstock-funded blockchain wealth management startup Bankorus has released a statement recently announcing the company has gone broke. Writing in a statement on October 6th, Zhang said that prior deals for Bankorus had fallen through and that all of its employees have resigned.