The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending ...
Like that ex who just won’t go away, FTX is finding ways to pop up in people’s lives — most recently, through the delivery of its branded debit cards. It’s like the cryptocurrency exchange is saying, ...
BlockFi recently received approval from the bankruptcy court in New Jersey to sell 6,400 of its cryptocurrency mining rigs worth approximately $4.7 million. U.S. Farms & Mining Opportunity Fund ...
Bankrupt crypto lender BlockFi will refund more than $100,000 to its California-based users who continued to repay loans even ...
With billions locked up in collapsed exchanges and funds, investors are selling their assets for cents on the dollar.
California's financial watchdog, the Department of Financial Protection and Innovation, had suspended BlockFi’s lending ...
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 ...
According to documents, BlockFi requested permission from the bankruptcy court to return these payments to the borrowers in a motion filed with the court on Feb. 24. The refunds will be able to ...
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 ...
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 ...
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 ...
The exposure to FTX eventually led to BlockFi’s filing for Chapter 11 bankruptcy protection two weeks later. A hearing concerning the refund request will take place on April 19, according to the ...
