BlockFi Clears FTX-Related Claims, Readies For Final Creditor Distributions

Crypto lending company BlockFi, which filed for bankruptcy in 2022 following the collapse of crypto exchange FTX, announced on Monday the successful sale of its FTX claims. This marks another step towards completing BlockFi’s bankruptcy process, allowing for the final distribution of funds to creditors.

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Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

BlockFi filed for bankruptcy in the wake of FTX's collapse.

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BlockFi Desperate to Retain Talent Despite Bankruptcy 

BlockFi asks court for ruling on retention scheme first proposed in November 2022.

The post BlockFi Desperate to Retain Talent Despite Bankruptcy  appeared first on BeInCrypto.

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Bankruptcy court told FTX and Alameda owe BlockFi $1B, but it’s complicated

While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF.

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BlockFi Files for Bankruptcy

Crypto lending firm BlockFi has filed for Chapter 11 bankruptcy after suspending user payouts earlier this month. BlockFi Files for Bankruptcy BlockFi is filing for bankruptcy. In an announcement on...

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BlockFi flirts with bankruptcy filing, but what about volume in all DEXs

BlockFi’s initial denial that FTX held the majority of its assets might not ring true as it appears it might file for bankruptcy SALT, another lending protocol recently paused withdrawals leaThe post BlockFi flirts with bankruptcy filing, but what about volume in all DEXs appeared first on AMBCrypto.

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BlockFi prepares for potential bankruptcy

New Jersey-based crypto lender, BlockFi, is preparing for potential bankruptcy filing after voting withdrawals of customer deposits and acknowledging it has essential exposure to FTX. Currently, the organization is planning to release some of its workers. Crypto lender to surge…

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BlockFi Facing Bankruptcy: Report

BlockFi is on the verge of collapsing into bankruptcy, according to a recent report by the Wall Street Journal

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Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ

BlockFi has paused withdrawals and customer deposits.

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FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says

FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.

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3 Safe Alternatives To BlockFi

Several top-tier crypto lending platforms have found themselves in a pickle lately. BlockFi is affected by the recent bankruptcy filing of Three Arrows Capital (3AC), creating issues for its users. Now is a good time for affected users to look into more viable alternatives and ensure their funds are safe. BlockFi Is In A Pickle […]

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