The collapse started after CoinDesk last week reported on a document that seemed to suggest Bankman-Fried’s trading company, Alameda Research, had most of its assets tied up in FTT, a cryptocurrency ...
BlockFi, a crypto loan and borrow platform, filed for Chapter 11 bankruptcy protection on Monday, becoming the latest crypto firm to go under following the rapid collapse of offshore trading venue FTX ...
BlockFi announced it was filing for bankruptcy protection on Monday morning, announcing it has around $257 million in cash on hand but claiming between $1 billion and $10 billion in assets (as well as ...
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.
The Wall Street Journal reported Tuesday that the crypto lender is preparing for a potential Chapter 11 filing of its own, ...
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 ...
BlockFi is rolling out its first crypto interest product since it paid a $100 million settlement with the Securities and Exchange Commission in February and agreed to stop offering it to the U.S.
Since BlockFi has confirmed its strong ties to FTX, speculation has been rising that the trading platform is on its way out. In a blog post yesterday, the company addressed the growing concern for its ...
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