BlueHippo Files Chapter 11 After Bank Accounts Frozen

BlueHippo Files Chapter 11 After Bank Accounts Frozen

It appears that when the FTC filed a contempt charge against scamtastic consumer electronics purveyor Bluehippo, the company’s bank took notice and froze their accounts. Now Bluehippo has filed for Chapter 11 bankruptcy protection, claiming that they can’t repay their creditors, what with the frozen bank accounts and all. This will not end well. [More]