BlockFi to start settling debts with creditors after successful exit from bankruptcy

BlockFi to start settling debts with creditors after successful exit from bankruptcy
фото показано с : btcmanager.com

2023-10-25 23:37

BlockFi has announced its emergence from bankruptcy and is initiating plans to repay creditors, marking a significant turnaround after last year’s challenging halt of withdrawals following the FTX exchange collapse.

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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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