The FTX fallout is continuing, and the latest domino to fall is fellow crypto platform BlockFi, which filed for bankruptcy on Nov. 28, saying this “follows the shocking events surrounding FTX and ...
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 ...
It’s no secret that the crypto sector has taken some significant hits lately. The collapse of prominent exchange platform FTX has plunged the entire field into turmoil as investors ponder a highly ...
Bankrupt crypto lender BlockFi has written to customers to tell them what steps they need to take to register claims and set out the timeline for the coming months. BlockFi declared bankruptcy on Nov.
Crypto lender BlockFi became the latest industry heavyweight to file for bankruptcy, joining Celsius Network, Voyager Digital and FTX. FTX’s collapse directly contributed to BlockFi’s filing, but the ...
Crypto firm BlockFi filed for bankruptcy Monday, the latest cryptocurrency domino to fall after the collapse of FTX two weeks ago threatened to destabilize companies in the broader crypto ecosystem.
Cryptocurrency lender BlockFi sued a holding company for FTX founder Sam Bankman-Fried to recover Robinhood shares pledged as collateral. BlockFi in a complaint filed Monday said Emergent Fidelity ...
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 ...
A BlockFi representative laid the blame for the crypto lender’s bankruptcy filing Monday squarely on FTX Trading, whose Alameda Research affiliate defaulted on $680 million of collateralized loans to ...