The FTX fallout is continuing, and the latest domino to fall is fellow crypto platform BlockFi, which filed for bankruptcy on Nov. 28, saying this “follows the shocking events surrounding FTX and ...
On Oct. 24, 2022, the Bankruptcy Court for the District of New Jersey confirmed BlockFi's Chapter 11 plan, ending its case prior to the one-year mark and paving the way for distributions to begin in ...
On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier ...
Bankrupt crypto lender BlockFi has written to customers to tell them what steps they need to take to register claims and set out the timeline for the coming months. BlockFi declared bankruptcy on Nov.
Crypto lending platform BlockFi will pay the U.S. Securities and Exchange Commission (SEC) $100 million in a settlement over claims that the company violated securities law through its interest ...
Bankrupt crypto lender BlockFi inadvertently revealed its $1.2 billion exposure to the now-bankrupt crypto businesses FTX and Alameda Research, crypto companies founded by the disgraced Sam ...
BlockFi announced it was filing for bankruptcy protection on Monday morning, announcing it has around $257 million in cash on hand but claiming between $1 billion and $10 billion in assets (as well as ...
We are heading into the holiday season. It’s a Wonderful Life will be on television. And cryptocurrency bankruptcies will be in the news. Yesterday, BlockFi filed for bankruptcy. What does a seventy ...
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is Jan. 24. Bankrupt crypto lending firm BlockFi reportedly has plans to sell off $160 million in loans backed by around ...
In its bankruptcy filing last week, New Jersey-based BlockFi attempted to paint itself as a responsible lender hit by plummeting crypto prices and the collapse of crypto brokerage FTX and its ...