BlockFi Files for Bankruptcy
Crypto lending firm BlockFi has filed for Chapter 11 bankruptcy after suspending user payouts earlier this month. BlockFi Files for Bankruptcy BlockFi is filing for bankruptcy. In an announcement on...
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Crypto lending firm BlockFi has filed for Chapter 11 bankruptcy after suspending user payouts earlier this month. BlockFi Files for Bankruptcy BlockFi is filing for bankruptcy. In an announcement on...
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one…
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama…
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins.
Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states.
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized…
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to "secure" FTX's digital assets.
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse.
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that…
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."