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 ...
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 ...
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 ...
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 ...
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 ...
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.
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