2023-5-17 13:00 |
BlockFi said selling its cryptocurrency lending platform might not generate value for creditors.
Similar to Notcoin - Blum - Airdrops In 2024
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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.
2023-10-25 23:37 | |
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BlockFi announces the start of its Chapter 11 solicitation period, allowing creditors to vote on the bankruptcy plan. Blockfi has announced via Twitter that the solicitation period for creditors under Chapter 11 has begun. During this time, the creditors can…
2023-8-16 16:09 | |
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BlockFi creditors asked the court to hand over the assets to new management as they don't have confidence in the leadership of the current team. The post BlockFi Creditors Oppose Restructuring Plans and Ask Court to Step In appeared first on BeInCrypto.
2023-5-16 17:30 | |
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New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District…
2023-5-16 16:49 | |
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BlockFi's creditors have claimed that the company used customer funds to buy insurance for $30 million. Customers also argued that the lender purposefully delayed the trial. In response to BThe post Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance appeared first on AMBCrypto.
2023-5-16 16:00 | |
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The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.
2023-5-16 10:08 | |
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Bankrupt crypto lender BlockFi has decided to liquidate its crypto lending platform stating that selling will not generate enough value for its creditors. The firm, which owes its top 50 creditors more than $1.
2023-5-16 22:40 | |
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The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.
2023-5-15 17:07 | |
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BlockFi has outlined how it intends to distribute assets among its creditors. But what can be recovered rests on its claims against FTX. The post BlockFi Creditors Await Fund Recovery: FTX Clawback in Focus appeared first on BeInCrypto.
2023-5-15 12:08 | |
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Coinspeaker BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors A judge has approved repayment for BlockFi custodial wallet holders but said interest-bearing funds still belong to the bankrupt company.
2023-5-12 13:33 | |
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After recent Court sessions and AMAs, BlockFi has updated clients and creditors about its claims process for frozen account holders
2023-2-15 01:40 | |
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FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban.
2023-1-29 00:30 | |
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The legal tussle mirrors those already held for collapsed crypto lender Celsius and the FTX exchange.
2023-1-11 12:54 | |
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Sam Bankman-Fried, BlockFi, and other creditors try to claim ownership over the 56 million HOOD stock. FTX urges the court to freeze the assets. The post 56 Million Robinhood Shares to Get Liquidated as FTX Creditors Battle to Claim Ownership appeared first on BeInCrypto.
2022-12-24 00:27 | |
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Cryptocurrency lender BlockFi and its eight affiliates have disclosed assets and liabilities worth $10 billion and 100,000 creditors in a Chapter 11 bankruptcy protection filed Monday in the United States Bankruptcy Court for the District of New Jersey.
2022-11-30 23:50 | |
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In a recent court filing, BlockFi listed the US Securities and Exchange Commission among its largest creditors. According to reports, the lender owes the SEC about $30 million.
2022-11-29 13:02 | |
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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.
2022-11-15 22:42 | |
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