According to TechFlow, the NFT collection art Rivermen announced on the X platform that due to poor management, the project entity had unilaterally declared "bankruptcy" on July 6, 2023, and illegally terminated the labor contracts of employees, and has owed employees labor compensation of 591,692 yuan so far.
In addition, the account handle @RivermenNFT has been reserved for Lihua, but Rivermen’s X account has nothing to do with the intellectual property rights of “Lihua, Rivermen, VOXELRIVERMEN, Ponlaii”.