BlockFi Exits Bankruptcy, Opens Withdrawals for International Users
During the early days of the latest crypto winter, BlockFi was one of the first major platforms to go bust following the collapse of TerraUSD. At the time, a shaky…
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Ex BlockFi CEO Discusses Loans to Alameda in SBF Trial
Zac Prince – former CEO of collapsed crypto lending firm BlockFi – took the stand during Sam Bankman-Fried’s trial in New York City on Friday. The CEO discussed the size…
BlockFi’s Bankruptcy Plan Approved, Clearing the Path for Customer Payouts
Bankruptcy Judge Michael A. Kaplan has approved BlockFi’s third revised Chapter 11 plan during a court hearing on September 26, as indicated in a filing on the same date. This…
Crypto lender BlockFi gets court nod to repay customers
The approval is seen as a milestone moment for BlockFi's over 100,000 creditors, who have been long awaiting repayment.
Coinbase Launches Crypto Lending Services to American Investors (Report)
The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors. The move could signal the company’s willingness to strengthen its position in America…
FTX, BlockFi Users Targeted in Phishing Scheme After Kroll’s Security Breach
FTX users are being targeted as a result of the security breach of its bankruptcy case claims agent, Kroll. The defunct crypto exchange stated that Kroll is currently in the…
BlockFi argues FTX, Three Arrows Capital isn’t entitled to repayments
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.
BlockFi opens crypto withdrawals for eligible US users following court order
The lending platform halted client withdrawals amid filing for bankruptcy in November 2022, but later petitioned the court for authorization to return user funds.
BlockFi’s Disclosure Statement Receives Conditional Approval By US Bankruptcy Court
Bankrupt crypto lender, BlockFi revealed that the US Bankruptcy Court for the District of New Jersey has conditionally approved its disclosure statement. The development essentially demonstrated that the reorganization process…
BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022.