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 ...
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 ...
BlockFi, a crypto loan and borrow platform, filed for Chapter 11 bankruptcy protection on Monday, becoming the latest crypto firm to go under following the rapid collapse of offshore trading venue FTX ...
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 ...
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 ...
Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the company's cratering equity value in summer 2022, the company's attorneys ...
Crypto lender BlockFi filed for bankruptcy protection Monday, days after suspending withdrawals amid the ongoing fallout from exchange FTX's bankruptcy filing. The company said it was filing for ...
BlockFi's Chapter 11 bankruptcy troubles began with FTX, a BlockFi advisor said in a court filing, with a liquidity injection that was supposed to save the company. BlockFi advisor Mark Renzi said ...
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 ...
Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research. The presentation, assembled by M3 Partners, offers a ...
As cryptocurrency lenders crumbled earlier this year, billionaire Sam Bankman-Fried swooped in several times as a backstop. His actions prodded creative headline writers to evoke the market panic of ...