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351 results
24/7 Wall St
1d
BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court
According to a filing from Friday, March 24th, BlockFi recently received approval from the bankruptcy court in New Jersey to ...
1d
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
The company will distribute the loan repayment refunds through its servicer to former clients, pending bankruptcy court ...
oc-breeze
16h
Crypto lender BlockFi agrees to provide more than $100,000 in refunds to Californians
The refunds stem from BlockFi’s conduct following the crash of the FTX cryptocurrency exchange. On November 10, 2022, BlockFi paused its platform and prohibited consumer withdrawals given its exposure ...
Internet of People
1d
Bankrupt BlockFi to refund over $100K to California clients
California's financial watchdog, the Department of Financial Protection and Innovation, had suspended BlockFi’s lending ...
1d
BlockFi to provide over $100K in refunds to California clients
California’s financial watchdog claims BlockFi failed to "provide timely notification to borrowers that they could stop repaying their BlockFi loans," resulting in repayments of over $100,000.
CoinDesk4d
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
The federal bankruptcy court administering the case of BlockFi has approved the sale of nearly 6,400 mining rigs for $4.7 million to U.S. Farms & Mining Opportunity Fund, according to court ...
朝日新聞社14d
Crypto lender BlockFi files for bankruptcy, cites FTX exposure
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 ...
15d
BlockFi Says It Can Tap Cash Immediately From Silicon Valley Bank
BlockFi Inc. said Monday it won’t be hurt by the collapse of Silicon Valley Bank and has plenty of cash to cover expenses in ...
Hosted on MSN17d
BlockFi’s uninsured funds tied up in Silicon Valley Bank
According to a recent bankruptcy filing, defunct cryptocurrency lender BlockFi has $227 million worth of uninsured funds invested in a money market mutual fund (MMMF) provided by the ailing ...
1d
As Crypto Bankruptcies Continue, Crypto Miners Strain Power Grids
Stinson’s Thomas Salerno analyzes the scope of cryptocurrency bankruptcies that are rippling through various sectors, while ...
CoinTelegraph17d
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank fund
According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by the troubled Silicon Valley ...
7d
Crypto Winter Means Hard Work for Bankruptcy Lawyers (Podcast)
On this special episode of our weekly podcast, On The Merits, we hear what it’s like to be an attorney managing the downfall ...

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