Bankrupt crypto lending firm BlockFi uploaded uncensored financials by mistake, revealing $1.2 billion in assets tied up with bankrupt exchange FTX and defunct trading firm Alameda Research. The ...
BlockFi filed for Chapter 11 bankruptcy on Monday, citing hefty exposure to FTX. The crypto platform owes $30 million to the SEC, per bankruptcy filings. FTX, which once offered BlockFi a $400 million ...
The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers. Bankrupt crypto firms BlockFi and FTX have reached an “in ...
The move comes after BlockFi paused withdrawals earlier this month, citing a “lack of clarity” following cryptocurrency exchange FTX’s collapse. At the end of a rocky month (and year) for crypto, ...
BlockFi, a crypto lending and financial services platform that grew 25,000 percent in 2021 and topped Inc.’s 2022 list of the fastest-growing companies in America, filed for Chapter 11 bankruptcy ...
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