Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy as fallout from the collapse of crypto exchange FTX infects other companies in the industry. BlockFi claimed more than 100,000 ...
Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research. The presentation, assembled by M3 Partners, offers a ...
U.S. cryptocurrency lender BlockFi on Tuesday will make its first appearance in U.S. bankruptcy court after filing for Chapter 11 protection on Monday. BlockFi is expected to tell U.S. Bankruptcy ...
The Securities and Exchange Commission charged Jersey City-based BlockFi Lending LLC on Feb. 14 “with failing to register the offers and sales of its retail crypto lending product,” according to the ...
The fintech BlockFi has been told by four states to stop offering a product that looks like a high-yield savings account. The acting attorney general of New Jersey, Andrew Bruck, ordered the Jersey ...
The collapse started after CoinDesk last week reported on a document that seemed to suggest Bankman-Fried’s trading company, Alameda Research, had most of its assets tied up in FTT, a cryptocurrency ...
BlockFi has approved a request to distribute $103,471 in refunds through its servicer to its California clients, the state’s Department of Financial Protection and Innovation (DFPI) announced on ...
Crypto lender BlockFi is struggling to raise cash despite offering to take a steep discount on its valuation, raising the risk that it could be forced into a financial restructuring, The Post has ...
On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier ...
*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 ...
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 ...