According to Odaily, Rivermen, a company operating on the X platform, announced its bankruptcy due to poor management. The announcement was made on July 6, 2023. 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 account handle @RivermenNFT has retained its affiliation with Lihua. It is important to note that Rivermen's X account has no connection with the intellectual property of 'Lihua', 'Rivermen', 'VOXELRIVERMEN', or 'Ponlaii'. The company's bankruptcy and subsequent issues have raised concerns about the management and operation of businesses on the X platform.