A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi. Bankrupt crypto companies ...
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 ...
JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...
A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...
BlockFi, the beleaguered cryptocurrency lender, has received court approval to repay 100% of customers’ funds and unsecured creditors after nearly two years of financial turmoil and legal battles. The ...
Plan Administrator Seeks Final Distribution to Make Customers and Unsecured Creditors Whole; Sale Signifies Near End of BlockFi Wind-Down "This transaction marks a final chapter in the wind-down and ...
Less than half of non-U.S. customers of bankrupt cryptocurrency lending firm BlockFi have come forward to claim their assets back with a May 15 deadline looming, the lender said in a blogpost on ...
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BlockFi and DOJ settle $35M asset tranfer lawsuit
The legal dispute between BlockFi and the US Department of Justice (DOJ) over $35 million in crypto assets has officially been resolved, following court approval of a settlement reached by both ...
California's financial watchdog strips BlockFi of its lending license, citing a spree of compliance violations. BlockFi faces a $175,000 fine waived by regulators to prioritize consumer fund recovery ...
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