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Crypto lender BlockFi filed for bankruptcy Monday, becoming the latest casualty of the financial contagion unleashed by the collapse of Sam Bankman-Fried’s empire.
BlockFi wasn't the only company saved by Bankman-Fried and FTX. The list includes popular trading app RobinHood and lenders Voyager Digital and Celsius Network.
BlockFi is your one-stop-shop for crypto storage, leveraging, and management. It advertises an 8.6% APY (interest gained per year) just for holding your crypto on their platform, much like a bank ...
The financial adviser to bankrupt BlockFi says there are no corporate governance issues at the cryptocurrency exchange and that management remains committed to doing the right thing.
The lawsuit came the same day BlockFi filed for bankruptcy in the aftermath of the collapse of crypto exchange FTX.
Coinbase and BlockFi are two of the most popular crypto exchanges. Even if you’re new to crypto, you’ve probably heard of both players, which are heavy hitters in the industry. Coinbase is a ...
Bankrupt cryptolender BlockFi filed a plan of reorganization that contemplates emerging as a reorganized company but says it's also open to selling its assets.
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S ...
Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the company's cratering equity value in summer 2022, the company's ...
A bankruptcy judge will consider next month whether to move Robinhood shares bought by Sam Bankman-Fried to a neutral broker while FTX and BlockFi make competing claims to the $430 million stake.