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 ...
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, ...
BlockFi's Chapter 11 bankruptcy troubles began with FTX, a BlockFi advisor said in a court filing, with a liquidity injection that was supposed to save the company. BlockFi advisor Mark Renzi said ...
On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier ...
As cryptocurrency lenders crumbled earlier this year, billionaire Sam Bankman-Fried swooped in several times as a backstop. His actions prodded creative headline writers to evoke the market panic of ...
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 ...
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 ...
Crypto lender BlockFi filed for Chapter 11 bankruptcy protection on Monday in the wake of FTX's catastrophic implosion, which continues to send ripples through the industry. BlockFi has over 100,000 ...
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX. New Jersey-based BlockFi had been struggling for much of ...
Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research. The presentation, assembled by M3 Partners, offers a ...
BlockFi has paused crypto withdrawals on its platform due to the serious liquidity issues over at FTX. BlockFi didn't explain how it's affected by FTX's downfall, but said it'll post updates. BlockFi, ...
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