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 ...
NEW YORK — BlockFi CEO Zac Prince resumed his testimony against former counterparty Sam Bankman-Fried on Friday, detailing to the court how his lending firm was forced to declare bankruptcy because of ...
In a first day court hearing after filing for Chapter 11 bankruptcy protection on Monday, lawyers representing crypto lending firm BlockFi called the company "the antithesis of FTX." "This is the ...
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 ...
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection. The move comes just over two weeks after BlockFi suspended all platform activity, including withdrawals, in the wake of ...
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX. New Jersey-based BlockFi had been struggling for much of ...
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices. The California Department of Financial Protection and Innovation (DFPI) ...
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 ...
BlockFi CEO Prince withdrew around $9.2 million from BlockFi He also took out an additional $1.36 million in August 2022 The money withdrawn by Prince was classified as 'litigation settlement payment' ...
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 ...