2023-10-14 20:29 |
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.
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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 | |
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Zac Prince, the CEO of BlockFi, continued to provide testimony in the criminal trial of former FTX CEO Sam Bankman-Fried on Oct. 13. In the previous day’s testimony, Prince described his firm’s lending relationship with Alameda Research.
2023-10-14 02:10 | |
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The second week of Sam Bankman-Fried’s criminal trial concluded with BlockFi CEO blaming FTX and Alameda for its bankruptcy.
2023-10-14 23:08 | |
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The second week of Sam Bankman-Fried’s criminal trial for fraud concluded with witness testimony from Zac Prince, whose crypto lending firm BlockFi loaned $1.1 billion to Alameda before FTX’s collapse.
2023-10-14 20:08 | |
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FTX is attempting to collect funds that BlockFi withdrew from FTX. com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as a “gamble” that BlockFi creditors shouldn’t be held responsible for.
2023-8-23 13:29 | |
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A recent court report alleges BlockFi CEO Zac Prince dismissed repeated warnings from his risk management team about the shaky financials of major counterparty FTX. According to the report, Prince pushed to increase lending to FTX and sister entity Alameda…
2023-7-19 16:25 | |
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The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims.
2023-7-18 19:08 | |
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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 | |
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Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022.
2023-7-15 23:00 | |
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Successful litigation against FTX and Alameda could add over $1 billion to BlockFi's coffers The crypto lender still owes millions of dollars to SEC and NASAA Bankrupt crypto lender - BlockFThe post This is how much bankrupt crypto lender BlockFi could gain from FTX recovery appeared first on AMBCrypto.
2023-5-16 20:45 | |
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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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A leaked BlockFi financial report suggest highers higher FTX and Alameda exposure than initially thought. The post BlockFi Has $1.2 Billion Exposure to FTX, Report Claims appeared first on BeInCrypto.
2023-1-26 23:46 | |
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Небанковская кредитная организация BlockFi потеряла $1,2 млрд из-за банкротства FTX и Alameda Research. Деньги были вложены в компании до краха и остались заблокированы после подачи заявления о банкротстве.
2023-1-26 23:44 | |
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У BlockFi как минимум 1,2 млрд долларов активов «зависли» в FTX и Alameda Research. Как стало известно, у лендинговой компании BlockFi как минимум 1,2 млрд долларов активов «зависли» в FTX и Alameda Research, то есть соответственно 415,9 млн долларов и 831,3 млн долларов.
2023-1-26 13:36 | |
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Uncensored BlockFi financials have leaked, showing a $1.2 billion exposure to FTX. These recent documents were released by mistake and contained more information than previously shown. Poor management at FTX impacted the now-bankrupt crypto lender BlockFi as new financial reports…
2023-1-25 12:42 | |
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Судя по опубликованным документам, криптовалютный кредитор BlockFi потерял $1.2 млрд в активах, вложенных в биржу FTX и компанию Alameda Research.
2023-1-25 12:03 | |
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The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake.
2023-1-25 04:33 | |
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Sam Bankman-Fried said in an affidavit he bought Robinhood shares with funds borrowed from Alameda. The admission throws a wrinkle into a lawsuit from crypto lender BlockFi, which says it was promised the shares as collateral against a loan taken out by Alameda.
2022-12-28 19:14 | |
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According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales such as Three Arrows Capital and Alameda.
2022-12-9 22:30 | |
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Court confirms that FTX and Alameda owe BlockFi $1 billion after chapter 11 bankruptcy protection filing. While BlockFi has attempted to separate itself from FTX and Alameda during its bankruptcy proceedings, it has numerous financial ties to these SBF-owned companies.…
2022-12-1 01:35 | |
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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 | |
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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.
2022-11-30 08:48 | |
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3AC co-founder Zhu Su in a recent tweet, came at FTX and alameda accusing them of market manipulation amid the ongoing market crisis. Zhu additionally commented on BlockFi filing for bankruptcy.
2022-11-29 19:24 | |
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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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FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.
A federal judge sentenced FTX founder Sam Bankman-Fried to a quarter-century in prison Thursday.
Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.
Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.
The world's largest asset manager already made waves by seeking to list a bitcoin ETF
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.