BlockFi

BlockFi was a leading financial services provider in the cryptocurrency space that offered digital assets to customers until its bankruptcy in 2022. BlockFi empowered users to maximize their investment potential in what was thought to be a secure and transparent manner. Follow Blockworks for the latest updates, and coverage of BlockFi, its founders and bankruptcy proceedings.
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BlockFi and FTX both seem to be nearing the end of their bankruptcy proceedings

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Elsewhere, Anchorage Digital hires a former SEC lawyer and a GSR researcher becomes an ETF strategist at BlackRock

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The agreement between the two bankrupt crypto companies awaits court approval

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BlockFi initially declared bankruptcy in November 2022

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The government continues to assert that Sam Bankman-Fried was the ringleader of FTX and Alameda

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Sam Bankman-Fried thought his hair “was an important part of FTX’s narrative and image,” Ellison testified Wednesday

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Less than a year after declaring bankruptcy, BlockFi’s bankruptcy plan was confirmed

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FTX filed an objection to BlockFi’s bankruptcy plan Wednesday

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BlockFi seeks to convert ALGO, BCH and DOGE holdings to stablecoins

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The breach Thursday calls into question the security measures employed by the third-party vendor

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BlockFi is fighting tooth and nail to retain billions of dollars from FTX and Three Arrows Capital over allegations of fraud

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BlockFI received conditional approval on its disclosure statement

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BlockFi’s “demise was rooted in business practices and decisions well preceding” the bankruptcies of Alameda and FTX, a report found

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BlockFi’s UCC wants to show who former CEO Zac Prince really is and what he and “his colleagues were doing…when no one was watching”

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BlockFi is set to open customer withdrawals later this summer

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The lender said it needs to develop new product features and make platform modifications to facilitate withdrawals

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Grayscale Investments, Kraken and BlockFi are among the industry players floating support, and suggestions, as the comment period winds down

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The creditors committee said BlockFi’s communication with creditors was “loud” and “in your face”

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Researchers at the Chicago Fed observed that platforms used customer funds for risky investments to generate promised high returns, and customers ran to avoid potential losses

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Creditors will have until July 28, 2023 to vote on BlockFi’s restructuring plan should the court approve it

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“The user interface did not accurately reflect the transactions,” Kaplan said in court

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Bankrupt crypto lender BlockFi has been allowed to extend the deadline for its Chapter 11 plan to mid-May

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Druk Holdings and Investments, which is the Kingdom of Bhutan’s sovereign investment arm, was a customer of both Celsius and BlockFi before the bankruptcies

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BlockFi’s proposal to return the crypto held in customer wallets has been delayed while both parties attempt to resolve their issues

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