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The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam ...
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 holding company, Emergent Fidelity Technologies, said the bankruptcy filing was "the only practical way" to protect its assets: 55 million Robinhood shares and $20 million cash.
Suitors for BlockFi’s distressed assets have until February 20 to make their bids following fresh approval from the ...
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 ...
Emergent Fidelity was the company which held 56 million shares of Robinhood Markets (HOOD) stock, an asset that quickly became a subject of key interest among several companies for the value it could ...
BlockFi Inc. won bankruptcy court approval to set up an auction for the crypto lender’s digital coin mining business.
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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