BlockFi has filed a plan that explains how it expects to pay off creditors and exit Chapter 11 bankruptcy protection. The bankrupt cryptolender plans to reorganize as a standalone company but added ...
Disgruntled creditors of FTX, BlockFi, and Genesis are suing global risk advisory firm Kroll over alleged negligence tied to a data breach that exposed their personal information and subjected them to ...
NEW YORK (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million, ...
Cryptocurrency lender BlockFi is blaming FTX for its bankruptcy while also emphasizing that it is very different from the company founded by Sam Bankman-Fried. "Although the debtors’ exposure to FTX ...
NEW YORK — BlockFi CEO Zac Prince resumed his testimony against former counterparty Sam Bankman-Fried on Friday, detailing to the court how his lending firm was forced to declare bankruptcy because of ...
On Thursday, sources told CNBC that FTX was close to finalizing a deal to buy struggling crypto lender BlockFi for $25 million — a price tag far below BlockFi’s last private valuation of $1 billion.
A winding-up petition hearing for the beleaguered Bermudian-based crypto lender, BlockFi International Ltd, was adjourned until June 9 by Chief Justice Narinder Hargun on Friday. The hearing was a ...