If 3AC co-founder fails to comply with the subpoena a third time, the liquidators could seek “to hold Davies in contempt.” ...
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, ...
With billions locked up in collapsed exchanges and funds, investors are selling their assets for cents on the dollar.
Another crypto lender, BlockFi, succumbed to bankruptcy in November 2022. BlockFi’s downfall was partly tied to FTX as it relied upon a $400 million “credit facility” to stay above water after ...
Bankrupt crypto lender BlockFi will refund more than $100,000 to its California-based users who continued to repay loans even ...
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 ...
Stinson’s Thomas Salerno analyzes the scope of cryptocurrency bankruptcies that are rippling through various sectors, while ...
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.
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 ...
BY DR. GLENN MOLLETTE If you have worked hard and saved money all your life you may have over $250,000 in a bank. Or maybe one of these days you might if you keep working and saving. You most likely ...
