Cryptocurrency lender BlockFi misled investors, cut corners and bet big on FTX even after seeing a secret balance sheet that revealed fundamental flaws in Sam Bankman-Fried’s empire, BlockFi creditors ...
*Note: On October 24, 2023, BlockFi officially emerged from bankruptcy after initially filing for Chapter 11 bankruptcy on November 28, 2022. The company is now accepting withdrawal requests through ...
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 ...
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 ...
BlockFi’s mission is to empower its clients to earn interest, borrow cash and trade crypto from the most trusted financial service providers in the industry. And there are several ways that BlockFi ...
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 ...
BlockFi, a platform for trading and lending cryptocurrency, announced via a blog post on Monday that it’s laying off 20 percent of its 850 employees — around 170 to 200 people. CEO Zac Prince said in ...
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, ...
California's financial watchdog strips BlockFi of its lending license, citing a spree of compliance violations. BlockFi faces a $175,000 fine waived by regulators to prioritize consumer fund recovery ...
Crypto promotional schemes are an old hat in the industry, with many businesses trying to secure customer loyalty through a range of perks and mini handouts. For BlockFi, however, its latest ...