“This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi,” said Mohsin Y.…
Tag:
BlockFi
- CryptocurrencyICONews
BlockFi to Start Interim Crypto Distributions This Month Through Coinbase
by adminby admin“The distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account…
- AltcoinCryptocurrencyNews
BlockFi partners with Coinbase for fund distribution, shuts down web platform
by adminby adminBankrupt crypto lender BlockFi is completing its wind-down of operations, revealing its intention to shut down its web platform in May. BlockFi…
- BitcoinCryptocurrencyNews
FTX, BlockFi claims settlement allowed to proceed, judge declares
by adminby adminBankrupt crypto companies FTX and BlockFi are allowed to proceed in negotiations for their claims settlement, according to a new court filing.…
- CryptocurrencyExchangesNews
BlockFi, FTX Can Start Mediation, File Counterclaims as Automatic Stay Is Lifted by U.S. Judge
by adminby adminThe stay has been modified to allow FTX debtors to make “arguments, defenses, counterclaims, setoffs, or otherwise … with respect to the…
- AltcoinCryptocurrencyNews
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
by adminby adminAn upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or…
- AltcoinCryptocurrencyNews
BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
by adminby adminCrypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately…
- BitcoinCryptocurrencyNews
BlockFi emerges from bankruptcy and opens wallet withdrawals
by adminby adminCrypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October…
- CryptocurrencyExchangesNews
Crypto Lender BlockFi Believed Alameda Was Solvent, CEO Zac Prince Testifies
by adminby adminBefore collapsing in November 2022, Alameda had about $800 million to $850 million of outstanding loans from BlockFi, Prince said, and $650…
The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court…
- AltcoinCryptocurrencyNews
BlockFi asks court for permission to convert trade-only assets into stablecoins
by adminby adminDefunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users’ accounts into stablecoins,…
- CryptocurrencyICONews
FTX, BlockFi Customer Details Compromised Due to Kroll Data Hack
by adminby adminKroll, which did not immediately respond to a request for comment from CoinDesk, is a bankruptcy service provider for numerous companies, not…
- AltcoinCryptocurrencyNews
BlockFi argues FTX, Three Arrows Capital isn’t entitled to repayments
by adminby adminBankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to…
- AltcoinCryptocurrencyNews
BlockFi opens crypto withdrawals for eligible US users following court order
by adminby adminMany customers at defunct crypto lending firm BlockFi have reported being able to withdraw funds for the first time in months following…
- CryptocurrencyICONews
BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say
by adminby adminBlockFi “failed to complete basic due diligence” on Bankman-Fried’s empire, offering “special treatment for FTT and Alameda… that cast risk management principles…