Por: Time Business November 29, 2022
BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall. BlockFi said in a statement that it will use the Chapter 11 process to “focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities,” adding that recoveries are likely to be delayed by FTX’s own bankruptcy. Chapter 11 bankruptcy allows a company to... + full article
CNBC USA Tech January 25, 2023
BlockFi logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on November 14, 2022.Jakub Porzycki Nurphoto Getty ImagesBankrupt crypto lender had over $1.2 billion in assets tied up with Sam... + más
Cryptolender BlockFi follows FTX into bankruptcy | Fox Business
Crypto lender BlockFi files for bankruptcy as FTX contagion spreads | New York Post
Fox Business USA Business November 30, 2022
Coindesk Content Chief of Staff Pete Pachal predicts the FTX contagion will continue, and markets are waiting for the next 'domino to fall.' BlockFi has filed a plan that explains how it expects to pay off creditors and exit Chapter 11 bankruptcy protection. The plans... + más
Fox Business USA Business November 29, 2022
Macro Trends Advisors' Mitch Roschelle joins The Evening Edit and speaks on the latest developments in FTX's collapse. Cryptocurrency lender BlockFi is blaming FTX while also emphasizing that it is very different from the company founded by Sam Bankman-Fried. Although... + más
CNBC USA Tech November 29, 2022
In this articleThe BlockFi logo on a smartphone arranged in the Brooklyn borough of New York, on Thursday, Nov. 17, 2022.Gabby Jones Bloomberg Getty ImagesThere was supposedly one man who could save crypto — Sam Bankman-Fried. The former CEO bailed out and took over crypto... + más
In this photo illustration, the BlockFi logo seen displayed on a smartphone.Rafael Henrique Sopa Images Lightrocket Getty ImagesBlockFi plans to reopen withdrawals as part of an effort to maximize client recoveries, the crypto lender's lawyers said at a court hearing... + más
Fox Business USA Business November 28, 2022
Threadneedle Ventures founder Ann Berry and Thru the Cycle founder John Lonski discuss how the financial collapse of FTX could ripple through the U.S. economy on 'Cavuto: Coast to Coast.' Another cryptocurrency exchange has filed for bankruptcy. BlockFi and eight... + más
How FTX 'death spiral' spelled doom for BlockFi, according to bankruptcy filing | CNBC
New York Post USA Tech November 28, 2022
Prominent cryptocurrency lending platform BlockFi filed for bankruptcy on Monday as the spreads through the sector, company officials said. The company’s bankruptcy filing stated it has more than 100,000 creditors, along with estimated assets and liabilities of between $1... + más
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