Join Our Telegram channel to stay up to date on breaking news coverage Crypto lender BlockFi has filed for Chapter 11 bankruptcy after significant exposure to the collapsed FTX exchange. BlockFi showe...
Tag: BlockFi
Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report
Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against a holding company by FTX founder Sam Bankman-Fried over his shares in t...
BlockFi Bankruptcy Filing Reveals an Unsettled $30M to SEC
18 seconds ago | 2 mins read Exchange News Ankura Trust Company is the largest creditor to US SEC. BlockFi settled $20 million to SEC in the first two payments. This year, the cryptocurrency markets w...
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader teases BTC long as...
BlockFi files for bankruptcy and sues SBF on same day
Cryptocurrency lender BlockFi filed for bankruptcy on Monday and, a few hours later, sued Sam Bankman-Fried’s (SBF) investment firm for withholding Robinhood stock it promised as collateral, Financial...
Bankrupt BlockFi Wants Bankman-Fried’s $520M Robinhood Stake
Crypto lender BlockFi has sued a Sam Bankman-Fried holding company over his Robinhood stock, just hours after the crypto lender filed for bankruptcy. Bankman-Fried pledged the shares to BlockFi as col...
Silvergate Capital Reveals its Exposure to Bankrupt Crypto Lender BlockFi
Silvergate Capital Corporation – a digital asset bank based in California – revealed its deposit relationship to the troubled crypto firm BlockFi was limited to less than $20 million of its total depo...
BlockFi bankruptcy filing triggers a wide range of community reaction
As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during the current bear market. Despite BlockFi citing th...
Ripple general counsel calls BlockFi bankruptcy another success for SEC’s ‘regulation by enforcement’ approach
Ripple general counsel Stuart Alderoty described BlockFi’s bankruptcy as another success for the U.S. SEC and its regulation-by-enforcement approach. Another SEC “regulation by enforcement” success st...
BlockFi Crash: Why did BlockFi file for Bankruptcy?
The FTX crash is starting to expose many other crypto companies that were involved with it. BlockFi is yet another company that filed for bankruptcy, leaving its users to bust. Why did BlockFi file fo...
Crypto Lender BlockFi Bankruptcy:Failure Of FTX Cripple BlockFi
Crypto Lender BlockFi Bankruptcy Live Updates In a press statement by Mark Renzi, Managing Director of Berkeley Research Group, it says, “BlockFi has worked to positively shape the cryptocurrency indu...
BlockFi takes action to protect clients from FTX collapse
It was the management team at BlockFi that was responsible for not wasting a single valuable moment and took the opportunity to create and implement alternate methods and measures so as to be able to ...
BlockFi is in bankruptcy- The Cryptonomist
The news had been circulating in the crypto industry for days: BlockFi is insolvent and had to file for Chapter 11. On 10 November, in the midst of FTX’s collapse, they had declared that withdrawals ...
BlockFi Takes FTX’s SBF to Court Over Robinhood Shares
Alex Dovbnya The collateral was used to guarantee to the failed crypto lender the loan to FTX that was used to bail out BlockFi itself Bankrupt cryptocurrency lender BlockFi has taken legal action aga...
In the first significant fallout from the collapse of FTX, cryptocurrency business BlockFi files for bankruptcy
Join Our Telegram channel to stay up to date on breaking news coverage As a result of the failure of cryptocurrency exchange FTX, another cryptocurrency company has collapsed: BlockFi has announced th...
Ripple Counsel Calls Out SEC Over BlockFi Bankruptcy
BlockFi, a cryptocurrency lender has become another firm to fall due to the FTX collapse. BlockFi filed for chapter 11 bankruptcy protection due to extensive exposure to the defunct crypto exchange. H...
Top 10 crypto fall as BlockFi enters bankruptcy, macroeconomic concerns spread
Bitcoin and Ether fell in Tuesday morning trading in Asia as U.S.-based crypto lender Blockfi filed for bankruptcy overnight in what is seen as another casualty of the collapse of the FTX exchange thi...
BlockFi Sues SBF Over Robinhood Shares After Filing for Bankruptcy: Report
Shortly after filing for Chapter 11 bankruptcy protection, the distressed crypto lender has gone after Sam Bankman-Fried’s Emergent Fidelity Technologies entity. BlockFi’s filing involves shares of Ro...
BTC Rises By Nearly 2% Amid BlockFi Files For Bankruptcy
Bitcoin price has risen by 1.71%% in the last 24 hours amid crypto lending platform BlockFi filing for bankruptcy. In the last 24 hours, the trading volume of Bitcoin is $25,195,723,296 USD. Notably, ...
BlockFi files for bankruptcy citing FTX exposure
New Jersey-based crypto lender BlockFi on Monday filed for Chapter 11 bankruptcy protection. The crypto lender is the latest crypto industry casualty to fall due to exposure to the collapsed cryptocur...
Crypto Lender BlockFi Sued Sam Bankman-Fried For Robinwood Shares
37 mins ago | 2 mins read Editors News BlockFi is suing FTX’s founder to take control of his stake in Robinhood. BlockFi filed bankruptcy protection on Monday. Over the past few weeks, a lot of catast...
Crypto Market Recovers Amid BlockFi Bankruptcy
Crypto News Today Live Updates November and Latest News: (29 November 2022) The global digital asset market witnessed a broad recovery on Tuesday morning. However, Crypto lender BlockFi filed for chap...
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm. On Nov. 28, Silvergate announced that its deposit relationshi...
BlockFi files for bankruptcy: The FTX scandal continues to cripple crypto
Major crypto lending and staking platform BlockFi officially filed for bankruptcy on Monday. BlockFi becomes the latest causality of the financial turmoil caused by Sam Bankman-Fried’s FTX scandal. T...
BlockFi sues FTX’s Bankman-Fried over shares in Robinhood
Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as colla...
Silvergate Provides Statement on Minimal Exposure to BlockFi
LA JOLLA, Calif.–(BUSINESS WIRE)–Silvergate Capital Corporation (the “Company” or “Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset i...
Bankman-Fried Robinhood shares are the target of a BlockFi lawsuit
A lawsuit filed by crypto lender BlockFi demands Robinhood shares Sam Bankman-Fried is said to have pledged to the company as collateral, the Financial Times first reported. Bankman-Fried owned ...
BlockFi Files For Chapter 11 Bankruptcy Protection
Another crypto company has recently fallen victim to the FTX contagion. As reported by Reuters, BlockFi, a cryptocurrency lender and financial services firm filed for bankruptcy protection on Monday. ...
Silvergate Capital reports less than $20 million in BlockFi deposit exposure
Crypto bank Silvergate Capital said that less than $20 million of its total deposits from crypto customers come from lender BlockFi, adding that it has “minimal” exposure to the company no...
BlockFi sues FTX’s Sam Bankman-Fried hours after bankruptcy filing
BlockFi has sued Sam Bankman-Fried for his shares in Robinhood, which was used as collateral This comes in on the same day as its chapter 11 bankruptcy protection filing in New Jersey court BlockFi ha...
The Block: Crypto bankruptcy filings: From 3AC to BlockFi
Just as the aftermath of the Terra crash in May triggered the downfall of some of the biggest crypto companies over the past six months, FTX’s unraveling may kick off a new wave of bankruptcy fi...
Crypto Lending Platform BlockFi Files For Chapter 11 Bankruptcy
11 seconds ago | 2 mins read Defi News Several layoffs and withdrawal halt were witnessed on a regular basis post-FTX crash. More than 100,000 people are listed as creditors in the bankruptcy petition...