Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has reached an "in principle" agreement with the estates of FTX and ...
Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that ...
BlockFi filed for Chapter 11 bankruptcy on Monday, citing hefty exposure to FTX. The crypto platform owes $30 million to the SEC, per bankruptcy filings. FTX, which once offered BlockFi a $400 million ...
JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and eight of its affiliates (“BlockFi” or “the Company”) today commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United ...
California's financial watchdog strips BlockFi of its lending license, citing a spree of compliance violations. BlockFi faces a $175,000 fine waived by regulators to prioritize consumer fund recovery ...
The bankruptcy filing submitted in New Jersey lists Ankura Trust Company as its largest creditor, to the tune of $729 million, followed by FTX US at $275 million. The SEC is fourth on the list, owed ...
BlockFi Inc. won bankruptcy court approval to set up an auction for the crypto lender’s digital coin mining business. The company wants to get bids in as quickly as possible to take advantage of ...
Filing follows weeks after FTX collapse FTX listed as BlockFi’s No.2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) - Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy ...
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, ...
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S.
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