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 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 ...
Crypto lender BlockFi filed for Chapter 11 bankruptcy protection on Monday in the wake of FTX's catastrophic implosion, which continues to send ripples through the industry. BlockFi has over 100,000 ...
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 ...
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 ...
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 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, ...
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S.
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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