Crypto Lender BlockFi Says Its Customers Are More Important Than FTX
Bankrupt crypto lender BlockFi has moved to recover several assets in a bid to settle its customers as part of ...
Tag: BlockFi
Crypto Lender BlockFi Receives Conditional Approval For Bankruptcy Plan
In a recent development, popular cryptocurrency lender BlockFi has announced that a US court has conditionally approved its bankruptcy plan ...
Report Unveils BlockFi CEO’s Negligence: Ignored FTX Warnings, Overrode Risk Team
BlockFi CEO Zac Prince reportedly ignored the advice provided by its risk management team regarding the lending of assets to ...
SEC Temporarily Waives $30M Fine, Demands BlockFi Pays Investors
The United States Securities and Exchange Commission (SEC) has offered relief to US-based digital asset lender BlockFi by relinquishing their ...
BlockFi Customers Lose Battle To Recover $300 Million, U.S. Judge Says
Things could worsen for BlockFi users as a United States judge rules against a petition to recover over $300 million ...
Crypto Payment Platform Shuts Down Due to Issues In Banking System
The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure ...
BlockFi’s Uninsured $227 Million In Silicon Valley Bank Raises Concerns, Filing Shows
Reports have shown that BlockFi also has $227 million in the troubled Silicon Valley Bank, which wasn't insured. Notably, SVB ...
BlockFi Moves To Sell $160 Million Bitcoin Miner-Backed Loans
Amid numerous bankruptcies in the industry, companies are now selling their assets to either pay back creditors or avoid bankruptcy. ...
