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 ...
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 ...
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 ...
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX. New Jersey-based BlockFi had been struggling for much of ...
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 ...
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 ...
As beleaguered Jersey City cryptocurrency lender BlockFi continues its Chapter 11 proceedings, Genova Burns LLC announced Jan. 3 it will serve as local counsel in the bankruptcy case. NJBIZ has ...
Bankrupt crypto lender BlockFi has announced that it will start its first interim crypto distributions through Coinbase this month. The move comes as part of a previously announced partnership with ...
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 ...
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 ...
As cryptocurrency lenders crumbled earlier this year, billionaire Sam Bankman-Fried swooped in several times as a backstop. His actions prodded creative headline writers to evoke the market panic of ...
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 ...