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 ...
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 ...
Cryptocurrency lender BlockFi is blaming FTX for its bankruptcy while also emphasizing that it is very different from the company founded by Sam Bankman-Fried. "Although the debtors’ exposure to FTX ...
JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...
BlockFi Lending LLC has reached a $100 million settlement with the Securities and Exchange Commission and 32 states after being charged with failing to register offers and sales of its retail crypto ...
The drive to serve cryptocurrency investors with institutional options was inspired by BlockFi’s own growth. “We have been active in the market for over a year,” BlockFi founder and CEO Zac Prince ...
If there were any doubt about a cryptocurrency boom, we need look no further than at the explosion of growth of certain companies in the space. Zac Prince — who comes from a background in consumer ...
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 ...
Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and ...
*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 ...
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi’s credit card program's customers since Nov. 12. Payments company Curve is in active discussions to acquire crypto ...
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