Analysis of BlockFi's Chapter 11 Bankruptcy Filing

November 28, 2022, 1:07PM EST

• 1 min read

Quick Take

November 28, 2022 BlockFi files for Chapter 11 Bankruptcy Protection
BlockFi estimates there will be funds left over to distribute to the more than 100,000 unsecured creditors
$1 – $10bn estimated assets available for distribution
$1 – $10bn estimated liabilities outstanding
Bankruptcy process led by CEO and Co-founder Zach Prince
This is an ongoing series from The Block Research covering BlockFi’s insolvency and bankruptcy proceedings

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Source: https://www.theblockresearch.com/analysis-of-blockfis-chapter-11-bankruptcy-filing-190319?utm_source=rss&utm_medium=rss