The company will distribute the loan repayment refunds through its servicer to former clients, pending bankruptcy court ...
According to a filing from Friday, March 24th, BlockFi recently received approval from the bankruptcy court in New Jersey to ...
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 ...
California's financial watchdog, the Department of Financial Protection and Innovation, had suspended BlockFi’s lending license for 30 days from Nov. 11, 2022, before later revoking BlockFi’s CFC ...
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 go ...
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 ...
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 ...
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 ...
Stinson’s Thomas Salerno analyzes the scope of cryptocurrency bankruptcies that are rippling through various sectors, while ...
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 ...
On this special episode of our weekly podcast, On The Merits, we hear what it’s like to be an attorney managing the downfall ...
