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 argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud. Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three ...
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 ...
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 ...
The collapse of Bahamas-based crypto trading platform FTX Trading Ltd has begun to have a direct impact on the fintech sector in Bermuda. BlockFi International Ltd, the Bermudian incorporated company ...
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Prince withdrew around $9.2 million from BlockFi He also took out an additional $1.36 million in August 2022 The money withdrawn by Prince was classified as 'litigation settlement payment' ...
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 ...