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 ...
There are lessons to be learned from the major crypto bankruptcies. This guide covers a number of these monumental events in detail.
NEW YORK: BlockFi, the first direct casualty of crypto exchange FTX’s collapse, tells a US bankruptcy judge that the US cryptocurrency lender was “the antithesis of FTX” and that it would ...
NEW YORK: BlockFi has emerged from bankruptcy, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in the ...
Crypto Expert Louis recently revealed more insights regarding BlockFi’s bankruptcy saga. Established in 2017 by Zack Prince, the company embarked on a venture to lend out cryptocurrency. However, ...
Crypto Expert Louis recently revealed more insights regarding BlockFi’s bankruptcy saga. Established in 2017 by Zack Prince, the company embarked on a venture to lend out cryptocurrency. However, ...
After the FTX collapse, crypto lender BlockFi, followed suit filing for their own bankruptcy, with their largest unsecure creditor being owned $729 million according to Bloomberg. Crypto is currently ...
and who has jurisdiction over these issues — the criminal courts or the bankruptcy courts. In the BlockFi case, the DOJ seized assets of the company pursuant to criminal and civil forfeitures, arguing ...
Just a few weeks after FTX’s bankruptcy, another crypto lender, BlockFi, also went bust. The company said it had “significant exposure” to FTX and its sister firm Alameda. Other ...
Crypto fugitive Kyle Davies continues to publicly engage in degenerate gambling after his crypto fund Three Arrows Capital ...