BlockFi has filed a plan that explains how it expects to pay off creditors and exit Chapter 11 bankruptcy protection. The bankrupt cryptolender plans to reorganize as a standalone company but added ...
BlockFi, a crypto lending and financial services platform that grew 25,000 percent in 2021 and topped Inc.’s 2022 list of the fastest-growing companies in America, filed for Chapter 11 bankruptcy ...
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 ...
As BlockFi settles with the estates of FTX and Alameda Research, which could lead to a full recovery for the bankrupt crypto lender’s users, Zac Prince, BlockFi founder and now former CEO, is leaving ...
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, ...
Bankrupt crypto lender BlockFi is completing its wind-down of operations, revealing its intention to shut down its web platform in May. BlockFi has partnered with Coinbase to allow clients to access ...
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 ...
Bankrupt crypto lending firm BlockFi reportedly has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings. In a Bloomberg report on ...
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 ...
BlockFi has filed for chapter 11 bankruptcy, according to a press release. The lending platform is the latest victim of contagion within the industry that originated with the collapse of the ...
A winding-up petition hearing for the beleaguered Bermudian-based crypto lender, BlockFi International Ltd, was adjourned until June 9 by Chief Justice Narinder Hargun on Friday. The hearing was a ...
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