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Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
11.3.2024
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.
The post Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy appeared first on Cryptonews
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
14.10.2023
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Wouldn’t Be Approved Knowing Alameda Used...
BlockFi CEO Zac Prince Blames Bankruptcy on FTX and Alameda
13.10.2023
The federal criminal case against Bankman-Fried closed out its second week Friday with engaging testimony from BlockFi founder and CEO, Zac Prince.
Prince claimed that BlockFi began lending money to FTX towards the start of 2021, increasing the fallen crypto exchange's borrowing later on in...
BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
14.7.2023
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
28.11.2022
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings...
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
3.7.2022
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used...
Crypto PAC Nets $400K in February From BlockFi CEO, CNBC Contributor and More
22.3.2022
Another wave of crypto executives ponied up for GMI PAC last month as midterm elections approached
New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender
29.7.2021
On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile...
Texas and Alabama Regulators Crackdown on Blockfi’s Interest Bearing Account Product
23.7.2021
Fresh off the heels of Blockfi’s issues with the ​​New Jersey Bureau of Securities, the company is now having problems in the state of Alabama. The director of the Alabama Securities Commission (ASC), Joseph Borg, explained on July 21 that he issued a show cause to the firm. Borg...
Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey
20.7.2021
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general...
Regulator interest is good for the crypto ecosystem, says BlockFi CEO
11.6.2021
Regulatory clarity enables crypto companies to continue to innovate, Zac Prince says
Millennials will boost Bitcoin adoption for years to come: BlockFi CEO
11.12.2020
A BlockShow panel shares insights on the future of crypto adoption from the perspective of Millennials