Loot Crate Files for Bankruptcy and Lays Off Workers But Promises to Ship Remaining Boxes

Loot Crate was once the go-to company for monthly shipments of geek and gamer gear, but now its stock has run dry. The company is filing for bankruptcy and has laid off dozens of employees, on top of the 150 warehouse workers who were let go last month. Loot Crate plans to ship all remaining boxes to customers—but given how behind it already is, it seems like a tough promise to keep.

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