The BlockFi bankruptcy case, culminating in a significant payout to its legal team, underscores the intricate and costly nature of legal battles in cryptocurrency. As firms like Kirkland & Ellis ...
The filing indicates that the firm could have up to $10 billion in liabilities, as contagion from FTX spreads. The lending platform is the latest victim of contagion within the industry that ...
Renzi said that BlockFi had sold a portion of its crypto assets earlier in November to fund its bankruptcy. Those sales raised $238.6 million in cash, and BlockFi now has $256.5 million in cash on ...
In its bankruptcy filing in November 2022, BlockFi had cited its loans to FTX's sister firm Alameda as one of the reasons for its collapse. Separately, FTX founder Sam Bankman-Fried is currently ...
NEW YORK: BlockFi, the first direct casualty of crypto exchange FTX’s collapse, tells a US bankruptcy judge that the US cryptocurrency lender was “the antithesis of FTX” and that it would ...
There are lessons to be learned from the major crypto bankruptcies. This guide covers a number of these monumental events in ...
Popular MAGA conspiracy blog Gateway Pundit is filing for bankruptcy amid a string of defamation lawsuits it is facing. The blog, which was launched in 2004, has been a hotbed of conspiracy ...
If you're dealing with mounting credit card debt, you may feel overwhelmed. After all, with several rate hikes over the last two years, there's a high probability that your minimum credit card ...
TAUNTON — Massachusetts officials are bracing for a potential bankruptcy filing by Steward Health Care as the cash-strapped hospital system nears a deadline to repay a consortium of lenders.
As the global economy continues to take new shape in its recovery from the Covid-19 pandemic, many companies are still reeling from the high costs and supply shortages the health crisis triggered.
Bankruptcy Overview: Legal process for debt relief with lasting consequences for individuals and businesses. Bankruptcy Types: Six in the U.S., including Chapters 7, 11, and 13, each with unique ...