JERSEY CITY, N.J., May 25, 2021 /PRNewswire/ -- BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, ...
Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.
BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...
On Oct. 24, 2022, the Bankruptcy Court for the District of New Jersey confirmed BlockFi's Chapter 11 plan, ending its case prior to the one-year mark and paving the way for distributions to begin in ...
Oct 24 (Reuters) - BlockFi emerged from bankruptcy on Tuesday, nearly 11 months after it was swept away by the turbulence in the cryptocurrency industry following the collapse of FTX. In its ...
Fried's FTX crypto exchange has signed a deal with an option to buy embattled crypto lender BlockFi for up to $240 million, BlockFi Chief Executive Zac Prince said on Friday. FTX has also agreed to ...
Bankrupt crypto lender BlockFi's plan administrator has asked a U.S. court for an order for the final distribution to make customers and unsecured creditors whole. "This transaction marks a final ...