BlockFi sparks potential bankruptcy rumors after FTX’s woes

2022-11-17 02:15

Crypto company, BlockFi, is allegedly preparing for potential bankruptcy filing following FTX’s sudden collapse. Skeptics have discovered that FTX had previously bailed out BlockFi but borrowed money from them that they could not refund. The beginning of BlockFi’s troubles A…

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blockfi ftx potential bankruptcy money borrowed out

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Источник: btcmanager.com

blockfi ftx → Результатов: 77

BlockFi partners with Coinbase to distribute assets recovered from FTX

Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of funds recovered from bankrupt FTX. BlockFi, which emerged from bankruptcy in 2023 following a series of cascading bankruptcies associated with the collapse…

2024-5-10 10:10	FTX
blockfi ftx recovered coinbase bankruptcy emerged funds

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BlockFi hails ‘excellent outcome’ in $875 million settlement with FTX

Bankrupt crypto firms FTX and BlockFi have reached an in-principle agreement to settle all litigation and disputes for nearly $900 million, according to a Mar. 6 court filing. Under the terms, BlockFi will receive $185.

2024-3-7 13:15	FTX
blockfi ftx million nearly 900 litigation disputes

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FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m

FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after…

2024-3-7 10:07	sam bankman-fried
blockfi ftx settled pay disputes alameda crypto

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FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules

BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two.

2023-11-14 14:20
blockfi ftx bankruptcy collapse sudden ripple effects

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BlockFi Exits Bankruptcy, Targeting FTX & 3AC Asset Recovery

BlockFi emerges from bankruptcy and plans to recover assets from collapsed crypto firms FTX and Three Arrows Capital.

2023-10-25 00:31	News
blockfi ftx bankruptcy crypto assets collapsed firms

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BlockFi CEO’s Key Testimony: Insights Into Alameda’s Financial Stability In FTX Trial

The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom. Prince’s appearance provided valuable insights into the intricate relationship between BlockFi, FTX, and Alameda Research.

2023-10-14 05:00
blockfi ftx provided trial testimony ceo prince

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BlockFi battles FTX, 3AC in court over repayment claims

Bankrupt BlockFi is contesting efforts by the insolvent FTX and Three Arrows Capital (3AC) to recover millions of dollars owed to their creditors. In a filing to a New Jersey bankruptcy court on Aug. 21, BlockFi insisted that its creditors…

2023-8-23 16:03	three arrows capital
blockfi ftx creditors court 3ac filing new

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BlockFi CEO neglected warnings about FTX prior to collapse, court docs say

BlockFi’s downfall was precipitated by its company leaders neglecting warnings about potential risks tied to FTX and Alameda Research, as revealed in documents filed on July 14. BlockFi made the decision to halt withdrawals on Nov.

2023-7-15 02:45	lending
blockfi ftx warnings documents revealed filed alameda

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BlockFi: FTX и Alameda Research должны компании $1 млрд

Адвокат BlockFi заявил, что у криптовалютной биржи FTX более 1 млн кредиторов, однако компания не обладает средствами, которые ей необходимы для покрытия всех долгов.

2022-12-1 12:39	Robinhood
blockfi ftx средствами обладает компания необходимы всех

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BlockFi is bankrupt, where did it all go wrong?

BlockFi has become the latest firm to file for bankruptcy, citing “significant exposure” to FTX It has sued FTX to reclaim Robinhood shares which it alleges Bankman-Fried had pledged as collateral BlockFi bankruptcy was a longtime coming, with the firm rescued by a $400 million credit facility from FTX earlier this year Regulation simply must […] The post BlockFi is bankrupt, where did it all go wrong? appeared first on CoinJournal.

2022-11-29 18:24	Robinhood
blockfi ftx wrong firm bankruptcy did bankrupt

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BlockFi becomes another victim of the FTX collpase with bankruptcy filing

The FTX downturn is gradually spreading to more cryptocurrency firms as BlockFi is the next firm to file for bankruptcy. The post BlockFi becomes another victim of the FTX collpase with bankruptcy filing appeared first on CryptoSlate.

2022-11-29 19:32	Web3
blockfi ftx bankruptcy filing collpase becomes victim

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Crypto Lender BlockFi Updates Users on Platform, FTX Exposure

BlockFi said withdrawals remain paused, and denied rumours that most of its assets being custodied on fTX.

2022-11-15 00:31	Business
blockfi ftx rumours denied custodied being assets

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FTX has an option to acquire BlockFi for $240m, says BlockFi’s CEO

Cryptocurrency lender BlockFi could be acquired by FTX, one of the leading crypto exchanges… The post FTX has an option to acquire BlockFi for $240m, says BlockFi’s CEO appeared first on CoinJournal.

2022-7-4 15:01	Exchanges
blockfi ftx 240m says ceo acquire option

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BlockFi announces deal with FTX US, including 'option to acquire' for $240M

According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021.

2022-7-2 23:03	Cryptocurrency Exchange
blockfi ftx company 2021 million 680 june

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FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation

FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender BlockFi, a source said. The deal will see BlockFi bought at a price of $25 million – a rate roughly 99% below the company’s most recent valuation. FTX supported BlockFi with a $250 […]

2022-7-1 18:58	Cryptocurrency News
blockfi ftx company valuation deal below reportedly

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BlockFi Approached With Ledn-Led Funding Offer Amid FTX Acquisition Talks: Report

BlockFi has been approached by a party that includes fellow crypto lender Ledn in addition to its buyout offer of $25 million from FTX, Bloomberg reported Friday.

2022-7-1 15:00	Business
blockfi ftx approached offer ledn buyout addition

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FTX намерена купить проблемную платформу BlockFi с большим дисконтом

Криптобиржа FTX планирует оформить сделку по покупке платформы цифровых активов BlockFi всего за $25 млн при рыночной оценке компании в $3 млрд.

2022-7-1 13:22	Robinhood
blockfi ftx всего активов цифровых компании млрд

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FTX Is Buying Fallen Unicorn BlockFi for Mere Pennies: Report

FTX is reportedly buying troubled crypto lender BlockFi at a dirt-cheap price

2022-6-30 21:18
blockfi ftx buying lender crypto dirt-cheap price

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Morgan Creek намерена воспрепятствовать поглощению BlockFi биржей FTX

Криптовалютная инвестиционная компания Morgan Creek Digital, акционер BlockFi, предпринимает активные меры по противодействию поглощению кредитной фирмы биржей FTX.

2022-6-27 10:20	Бизнес
blockfi ftx morgan поглощению биржей creek активные

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FTX may be planning to purchase a stake in BlockFi: Report

Reportedly, ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday.

2022-6-25 22:41	lending
blockfi ftx 250 secure sheet revolving tuesday

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BlockFi Raises Rates Three Days After FTX Bailout

BlockFi is raising the yield on its Bitcoin, Ethereum, and stablecoin lending products three days after FTX extended the company a $250 million revolving line of credit. The Powers of...

2022-6-25 21:20	FTX
blockfi ftx days three products company extended

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Sam Bankman-Fried’s FTX commits $250M to BlockFi: read the details here

Two leading global crypto financial services companies BlockFi and FTX have today signed a term paper securing a $250 million revolving line of credit. This will provide BlockFi with access to more capital.

2022-6-22 18:11	FTX
blockfi ftx million revolving line 250 term

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BlockFi Secures $250M Revolving Loan From FTX

BlockFi CEO Zac Prince said the loan would bolster the firms balance sheet and platform strength. BlockFi Accepts Credit From FTX BlockFi has partnered with FTX for a new line...

2022-6-21 17:38	FTX
blockfi ftx loan platform accepts strength credit

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BlockFi Receives $250M Credit Facility From FTX

The proceeds will be used to fulfil client balances across all accounts.

2022-6-21 15:26	Business
fulfil used client balances accounts all across

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Cosmos-based DEX Osmosis raises $21M from a consortium of investors

Osmosis joins investment firm Paradigm’s other DeFi portfolio members such as Maker, Synthetic, Uniswap, Optimism, FTX, Coinbase and BlockFi.

2021-10-28 22:45	DEX
osmosis maker such members portfolio synthetic optimism

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Legal experts weigh-in on case again Roger Ver

Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto. news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies.

Legal experts weigh-in on case against Roger Ver

Sam Bankman-Fried and Changpeng Zhao: Two of the biggest crypto titans are sentenced | Opinion

This is Part One of a three-part series interview with William Quigley, a cryptocurrency and blockchain investor and co-founder of WAX and Tether, conducted by Selva Ozelli exclusively for crypto.news.

CZ sentenced and SBF’s deal: April’s crypto crime round-up

Do Kwon remains in a tug-of-war between the U.S. and South Korea. Meanwhile, prosecutors are continuing to clamp down on crypto mixers. April’s been a pretty significant month when it comes to crypto crime. Where else to start than with…

Too harsh or too lenient? Changpeng Zhao’s sentence divides opinion

While many in the crypto community have leapt to the billionaire’s defense, others claim four months is an “egregious miscarriage of justice.” Let’s deal with the obvious irony first. After years and years of dismissing FUD, fake news and attacks…

FTX looking to sell off Solana holdings via blind auction

Two sources familiar with the matter say that the defunct cryptocurrency exchange FTX is looking to auction off the remainder of its Solana (SOL) token holdings. Speaking to Bloomberg, the sources revealed that a “blind auction” is set to be…

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.

2022-11-17 02:15

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