Tag: BlockFi
BlockFi exec argues bankruptcy court should approve bonuses to retain talent
Megan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter 11 ba [...]
Bitfarms seeks to modify loan facility with BlockFi as bear market drags on
Bitcoin (BTC) mining company Bitfarms has unveiled plans to modify an existing loan agreement with BlockFi — a move the company said would reduce its [...]
Bitcoin Miner Bitfarms Looks to Amend BlockFi Loan, Warns of Default
The outsanding $20 million are secured by only $5 million.
www.coindesk.com [...]
BlockFi Executives’ Equity Took $800M Hit From FTX Loan, Filings Reveal
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BlockFi Creditors Battle to Keep Their Details Secret
Andrew Vara, a U.S. Department of Justice official responsible for bankruptcy cases, argued in a separate Tuesday filing to the New Jersey bankruptcy [...]
BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11
Crypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments received prior to its bankrup [...]
BlockFi Management Hasn’t Withdrawn any Crypto Since October, Lawyers Tell Court
Sussberg said the company plans to file its assets and liabilities, along with a statement of financial affairs (SOFA) on Jan. 11, which the BlockFi l [...]
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, ar [...]
Robinhood shares claimed by BlockFi and FTX may move to a neutral broker
The largely disputed Robinhood shares might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner. Dig [...]
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around [...]
Defunct Crypto Lender BlockFi Looks to Restart Customer Withdrawals
“Simply put, the [clients] were unable to, and did not, effectuate any transactions on the BlockFi platform beginning the moment of the Platform Pause [...]
BlockFi files motion to return frozen crypto to wallet users
Bankrupt crypto lending platform BlockFi has filed a motion requesting authority from the United States Bankruptcy Court to allow its users to withdra [...]
BlockFi employees were discouraged from describing risks in internal communications: Report
Following BlockFi’s Chapter 11 bankruptcy filing at the United States Bankruptcy Court for the District of New Jersey, reports have surfaced about the [...]
SEC Could Use BlockFi as Object Lesson for Clear Crypto Regulation, Says Ex-SEC Official
“The SEC is going to be a lot more concerned not with the money from the settlement, but from what the BlockFi bankruptcy represents in terms of harm [...]
Bankruptcy court told FTX and Alameda owe BlockFi $1B… but it’s complicated
A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and that the collap [...]