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BlockFi has been approved by the New Jersey bankruptcy court to auction its crypto mining assets. Read more here.
Crypto-lender BlockFi can auction off cryptocurrency mining assets to raise funds as it navigates Chapter 11 bankruptcy.
The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam ...
The firm recently found itself in the middle of a multi-sided international legal battle over Sam Bankman-Fried’s 56 million ...
BlockFi is planning to retain top talent. The bankrupt crypto lender filed a retention petition on November 28 last year.
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 ...
Suitors for BlockFi’s distressed assets have until February 20 to make their bids following fresh approval from the ...
Unredacted financials revealed that crypto lender BlockFi’s exposure to both FTX and Alameda was much larger than the firm ...
BlockFi recently lost nearly 10% of its remaining workforce as employees resigned for better opportunities. New Jersey bankruptcy court approved BlockFi’s request calling it an opportunity to ...
Failed crypto lender BlockFi appears on track to sell some assets after a bankruptcy judge in New Jersey expressed approval of the plan as part of Chapter 11 bankruptcy proceedings designed to ...
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