BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the ...

Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and ...

The plan administrator will continue to use Coinbase for upcoming distribution rounds, potentially involving recovered funds from FTX. Bankrupt crypto lender BlockFi is completing its wind-down of ...

BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...

Once the bankruptcy plan receives approval, the lender said it intends to concentrate on recovering funds from other defunct firms. BlockFi’s reorganization is gradually progressing, with the company ...

JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...

Earlier this month, a decentralized lending protocol BlockFi came, faced SEC's scrutiny for being an unregistered entity. The Securities and Exchange Commission proceeded to place the biggest fine in ...

BlockFi was one of many casualties when crypto hedge fund Three Arrows Capital folded in June BlockFi paused customer withdrawals on Nov. 10, citing a 'lack of clarity' surrounding FTX's situation The ...

Earlier this year, on February 14, 2022, the SEC issued to BlockFi Lending LLC (“BlockFi”), a crypto lending platform, a cease-and-desist order (the “Order”). See BlockFi Lending LLC. The Order ...