According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales such as Three Arrows Capital and Alameda. Following ...
When cryptocurrency lending platform Celsius froze user accounts amid a plunge in valuations, it sent ripples across the industry and raised questions about what happens to user assets if a crypto ...
In its bankruptcy filing last week, New Jersey-based BlockFi attempted to paint itself as a responsible lender hit by plummeting crypto prices and the collapse of crypto brokerage FTX and its ...
A BlockFi representative laid the blame for the crypto lender’s bankruptcy filing Monday squarely on FTX Trading, whose Alameda Research affiliate defaulted on $680 million of collateralized loans to ...
Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda Research. According to ...
The US Securities and Exchange Commission is one of the largest creditors to BlockFi, which filed for bankruptcy in the wake of a number of failures within the digital-assets space. The regulator has ...
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 ...
Kevin George is a crypto writer and editor for Investopedia. He holds a master's degree in finance and has extensive knowledge and experience in the areas of trading, markets, and economics. Olivier ...
A war of words between the BlockFi Creditors Committee and the bankrupt digital asset lender's management continued in a court filing published late Monday. The creditors called BlockFi’s narrative ...
Cryptocurrency platform FTX filed for chapter 11 on Friday and CEO Sam Bankman-Fried resigned. WSJ’s Vicky Ge Huang explains what happened to the company and what this could mean for investors. Photo: ...
BlockFi has halted client withdrawals, blaming the uncertainty around FTX's implosion. The crypto lender said it's "shocked and dismayed" by the crisis at Sam Bankman-Fried's exchange. Almost-bankrupt ...
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