Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX. In ...

Bankrupt crypto lender BlockFi will commence first interim crypto distributions through Coinbase (COIN) in July 2024, it announced on Thursday. In September 2023, creditors approved its bankruptcy ...

Another crypto company has fallen, as contagion from the collapse of cryptocurrency exchange FTX spreads across the industry: BlockFi says it has filed for bankruptcy. BlockFi was one of a handful of ...

Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an Oct. 24 blog post. Withdrawals “are currently available to nearly all Wallet ...

Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising ...

BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...

BlockFi’s creditors have approved its bankruptcy restructuring plan, clearing one of the final hurdles in a months-long process to wind down the firm’s business and reimburse its clients, a Friday ...

Oct 24 (Reuters) - BlockFi emerged from bankruptcy on Tuesday, nearly 11 months after it was swept away by the turbulence in the cryptocurrency industry following the collapse of FTX. In its ...

Yahoo Finance reporter David Hollerith details the news that crypto company BlockFi filed for bankruptcy in the state of New Jersey amid the collapse of FTX. -The fallout from the collapse of crypto ...

BlockFi has emerged from bankruptcy as of October 24, 2023. BlockFi filed for bankruptcy in November of 2022 following the collapse of multiple crypto firms culminating in the failure of FTX – once ...

The U.S. Securities and Exchange Commission (SEC) consented to defer the collection of a $30 million fine from the insolvent crypto lending platform BlockFi until such time as the investors have been ...

Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and ...