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A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew ...
The financial adviser to bankrupt BlockFi says there are no corporate governance issues at the cryptocurrency exchange and that management remains committed to doing the right thing.
BlockFi's collapse began with Do Kwon's Terra implosion, which triggered contagion across crypto lending platforms in the ...
Disgruntled creditors of FTX, BlockFi, and Genesis are suing global risk advisory firm Kroll over alleged negligence tied to ...
Founded by fintech executive-turned-crypto entrepreneur Zac Prince, the company said its bankruptcy stemmed from its substantial exposure to FTX and broader turmoil in crypto markets.
For the BlockFi bankruptcy, Newark-based Genova Burns will work with the national bankruptcy and cryptocurrency groups at Brown Rudnick LLP, primary counsel to the creditor’s committee.
The fourth crypto company to seek bankruptcy this year, BlockFi lists more than 100,000 creditors and had received a bailout from FTX.
Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of crypto exchange FTX spreads outward.
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S ...
Prominent cryptocurrency lending platform BlockFi filed for bankruptcy on Monday as the contagion effect from FTX’s collapse spreads through the sector, company officials said.