Tag: BlockFi
Zac Prince Departs BlockFi for Real Estate Tech Startup Re Cost Seg
“In marketing, crypto is unique with its 24/7 media cycle, so learning to navigate that and developing strategies, such as partnering with big podcast [...]
BlockFi Settles With FTX, Alameda Estates for $874.5M
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FTX, BlockFi claims settlement allowed to proceed, judge declares
Bankrupt crypto companies FTX and BlockFi are allowed to proceed in negotiations for their claims settlement, according to a new court filing.On Nov. [...]
BlockFi, FTX Can Start Mediation, File Counterclaims as Automatic Stay Is Lifted by U.S. Judge
The stay has been modified to allow FTX debtors to make "arguments, defenses, counterclaims, setoffs, or otherwise ... with respect to the BlockFi cla [...]
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius a [...]
BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximat [...]
BlockFi emerges from bankruptcy and opens wallet withdrawals
Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an Oct. 24 blog post. Withdra [...]
BlockFi emerges from bankruptcy and opens wallet withdrawals
Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October 24 blog post. With [...]
Crypto Lender BlockFi Believed Alameda Was Solvent, CEO Zac Prince Testifies
Before collapsing in November 2022, Alameda had about $800 million to $850 million of outstanding loans from BlockFi, Prince said, and $650 million re [...]
Crypto Lender BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually collapsed after FTX blew [...]
Crypto lender BlockFi gets court nod to repay customers
The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New [...]
BlockFi asks court for permission to convert trade-only assets into stablecoins
Defunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users' accounts into stablecoins, so the [...]
FTX, BlockFi Customer Details Compromised Due to Kroll Data Hack
Kroll, which did not immediately respond to a request for comment from CoinDesk, is a bankruptcy service provider for numerous companies, not just in [...]
BlockFi opens crypto withdrawals for eligible US users following court order
Many customers at defunct crypto lending firm BlockFi have reported being able to withdraw funds for the first time in months following an order from [...]
BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say
BlockFi “failed to complete basic due diligence” on Bankman-Fried’s empire, offering “special treatment for FTT and Alameda… that cast risk management [...]