BlockFi said it plans to disclose assets and liabilities, as well as statements of certain payments made by the platform to insiders and other parties prior to its bankruptcy filing in November. In th...
Tag: BlockFi
BlockFi Claims To Pay $15M Settlement To Investor
The company’s lawyers claimed that BlockFi had repaid an investor $15 million to settle a threatened lawsuit. Lawsuit Threat Settled With $15M Bankrupt crypto lender BlockFi is attempting to repay it...
BlockFi Will Submit Assets And Liabilities For Bankruptcy On January 11
In a recent announcement, the cryptocurrency lending company BlockFi stated that it will provide information regarding its assets and liabilities, in addition to the payments that it received prior to...
BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11
Crypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments received prior to its bankruptcy filing in November. In a Jan. 9 Twitter thread...
BlockFi to file assets and liabilities following bankruptcy declaration
BlockFi has announced that it will disclose its assets, liabilities, and payments received prior to its bankruptcy filing in November 2022. Last year, FTX, Celsius Network, and Voyager Digital declare...
BlockFi to Unveil Assets & Liabilities Statement This Week
Bankrupt cryptocurrency company BlockFi announced that it would publish financial information on Wednesday. The info will cover assets, liabilities, and payments made before the bankruptcy filing. Cry...
BlockFi management’s attorney tells court: no crypto has been withdrawn since October
Contrasting it to Celsius Network, a rival crypto lender in bankruptcy proceedings, BlockFi’s executives have not withdrawn any of their cryptocurrencies since October 2020. However, this was confirme...
BlockFi said CEO cashed out nearly $10 million as FTX loan stabilized clients
Bankrupt crypto lender BlockFi said its CEO cashed out close to $10 million from the platform to pay taxes last year as FTX provided about $15 million in payments to certain insider accounts as part o...
Latest Headache for FTX Creditors: DOJ Seizes Robinhood Stock Tied to SBF
A three-way fight between the FTX’s bankruptcy saga’s most influential players has been put on hold. US prosecutors on Wednesday moved to take custody of roughly 56 million Robinhood shar...
Robinhood Stock Price Prediction: Sam Bankman-Fried, BlockFi or Neutral Broker for (NASDAQ: HOOD), Who Owns?
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Investors ditch FTX, Celsius, Blockfi, and Voyager debt as doubts surface
Cryptocurrency debt trading firm Xclaim has reported that over a hundred institutional investors have been negatively impacted by the failure FTX. Among those affected are firms like BlockFi, Voyager,...
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others. Data...
Robinhood shares claimed by BlockFi and FTX may move to a neutral broker
The highly disputed Robinhood shares claimed by both BlockFi and FTX might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner. Digital asset lender ...
BlockFi sues Sam Bankman Fried in the lawsuit
BlockFi is one of the crypto lending platforms that was affected by the domino effect of the FTX exchange implosion. Indeed, the platform is facing Chapter 11 bankruptcy. BlockFi’s bankruptcy occurr...
FTX Wants SBF’s $450M Robinhood Stake Frozen After BlockFi Sues
FTX has asked a US court to freeze $450 million in Robinhood shares following a competing claim from embattled crypto lender BlockFi. BlockFi declared bankruptcy and sued a Sam Bankman-Fried holding c...
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood shares purchased ...
SEC Finally Admits FTX Customers’ Assets Were Used to Bail Out BlockFi
– Advertisement – Ripple’s general counsel asks vital questions about the SEC’s role in FTX collapse. Ripple’s general counsel Stuart Alderoty has made an important discovery in the SEC’s...
Former BlockFi VP For Asia Joins Google as APAC Web3 Division Lead
5 hours ago | 2 mins read Blockchain News Google stated that the Web3 industry had “tremendous potential.” Ramchandani expressed his excitement at joining the global technology firm. Former BlockFi ex...
Google hires former BlockFi executive
Google hired Rishi Ramchandani, a former executive at BlockFi — failed digital currency lender. He will head web3 delivery in the company. Former vice president of bankrupt digital currency lender Blo...
Former BlockFi Executive to Lead Google’s APAC Web3 Division
Rishi Ramchandani – a former executive at the bankrupt crypto platform BlockFi – became the APAC Web3 Lead of Google. The world’s largest search engine argued earlier this year that Web3 is a market t...
BlockFi Exec To Lead Google Cloud’s Web3 Efforts Across Asia-Pacific
A former executive at now-bankrupt BlockFi is set to lead Google Cloud’s Web3 efforts in the Asia-Pacific region, as the tech giant moves deeper into the sector. Rishi Ramchandi was a vice president f...
BlockFi initiates motion to return Frozen Cryptocurrency to users
BlockFi, the well-known crypto lending platform, recently announced filing a motion to a US bankruptcy court. The news was a surprise since the platform claimed bankruptcy a while ago. Filed on Decemb...
BlockFi Wallet may reopen; Vitalik calls XRP centralized; Judge state Craig Wright is ‘dishonest’: CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for Dec. 15 includes BlockFi, Viltalik, XRP, Greenridge, Ukraine war and more in this CryptoSlate Wrapped Daily. CryptoSlate Top Stories BlockFi confirms move to al...
BlockFi Files Motion With Bankruptcy Court to Release Customer Funds
22 seconds ago | 2 mins read Defi News Withdrawals and transfers from BlockFi Interest Accounts will not be affected. The bankruptcy court will conduct a hearing on January 9 to determine the result. ...
BlockFi urges court to approve user’s withdrawals
BlockFi has sent a petition to the Bankruptcy Court to give the go-ahead for clients with accounts on the platform to withdraw their digital assets. According to the petition, the digital assets are p...
BlockFi files motion in US for users to withdraw frozen crypto
Crypto Lending firm BlockFi has filed a motion requesting authorization from a United States bankruptcy court to enable its users to withdraw frozen crypto assets under their custody. BlockFi inching ...
BlockFi confirms move to allow BlockFi Wallet users access to funds
BlockFi released a statement on Dec. 20 confirming a motion filed in relation to BlockFi wallet users accessing funds. The company is most well known for its yield-bearing service, BlockFi Interest Ac...
BlockFi Submits Motion to Return Frozen Crypto to Wallet Users
Bankrupt cryptocurrency lender BlockFi has filed a motion to a United States bankruptcy court for permission to return frozen cryptocurrencies held in BlockFi wallets to its users. Crypto lending plat...
BlockFi seeks to reopen withdrawals for certain users
Bankrupt crypto lender BlockFi is seeking to reopen withdrawals for users who have crypto locked in wallet accounts. The lender filed a motion on Dec. 19 with the U.S. Bankruptcy Court in the Di...
BlockFi Petitions To Restore Wallet Users’ Frozen Crypto
The cryptocurrency lending platform BlockFi has submitted a request to a bankruptcy court in the United States for permission to recover customers’ crypto assets that were stored in BlockFi wall...