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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.
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 ...
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 ...
BlockFi is planning to retain top talent. The bankrupt crypto lender filed a retention petition on November 28 last year.
Suitors for BlockFi’s distressed assets have until February 20 to make their bids following fresh approval from the ...
BlockFi filed for bankruptcy in late November after the collapse of Sam Bankman-Fried's crypto empire. Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried ...
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 ...
New Jersey-based cryptocurrency lender BlockFi has requested the court to approve bonus paychecks for its staff so the company can keep its talent throughout its bankruptcy proceedings ...
Bankrupt crypto lending firm BlockFi reportedly has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings. In a Bloomberg ...
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 restore ...
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