Search
'Crypto Dad' squashes rumors that he could replace Gensler as SEC Chair
15.11.2024
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair
'Crypto Dad' squashes rumors that he could replace Gensler as SEC Chair
15.11.2024
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair
‘Crypto Dad’ squashes rumor that he could replace Gensler as SEC chair
15.11.2024
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC chair
Senator Lummis pushes forward crypto plans after Trump victory: Law Decoded
11.11.2024
California revokes BlockFi’s license amid bankruptcy, Caroline Ellison is sentenced, Crypto.com faces scrutiny in Poland, and Senator Cynthia Lummis supports Trump’s Bitcoin reserve proposal
California Pulls Blockfi’s Lending License, Slaps Fines After Regulatory Breach
9.11.2024
The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC’s finance lending license for violations under California’s Financing Law (CFL). Blockfi agreed to the revocation and to halt certain practices deemed harmful, following an examination that...
California revokes BlockFi’s lending license 2 years after bankruptcy
8.11.2024
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
23.9.2024
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime...
BlockFi Administrator Submits Plan in Court to Make Customers Whole
23.7.2024
"This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
19.7.2024
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in November 2022, is now collaborating with Coinbase...
BlockFi to Start Interim Crypto Distributions Through Coinbase This Month
18.7.2024
Bankrupt crypto lender BlockFi will commence first interim crypto distributions through Coinbase in July 2024, it announced on Thursday
BlockFi confirms July start for interim crypto distributions
18.7.2024
BlockFi clients are to note that client communications will exclusively occur via official email channels
Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued
15.6.2024
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies...
Legal fees skyrocket in high-profile crypto bankruptcies
31.5.2024
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
10.5.2024
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase...
BlockFi shuts down platform, partners with Coinbase for payouts
10.5.2024
BlockFi, which is currently defunct as a business house, plans to close the shutters of its web platform towards the end of the month, link up with Coinbase, and use the company’s services as a distribution associate. As an integral component of the bankruptcy claims procedure, the modification...
BlockFi partners with Coinbase for fund distribution amid shutdown
10.5.2024
The plan administrator will continue to use Coinbase for upcoming distribution rounds, potentially involving recovered funds from FTX
BlockFi Shuts Web Platform, Partners with Coinbase for Crypto Withdrawals
10.5.2024
Embattled crypto lender BlockFi announced Thursday that it plans to close its web platform this month, and is partnering with Coinbase to distribute funds to clients.
The post BlockFi Shuts Web Platform, Partners with Coinbase for Crypto Withdrawals appeared first on Cryptonews
Sophisticated Email Phishing Targets Bankrupt Crypto Firms’ BlockFi, FTX Creditors
25.3.2024
FTX and BlockFi claimants received legit-looking fraudulent emails luring them with a promise of instant withdrawals of their remaining balances.
The post Sophisticated Email Phishing Targets Bankrupt Crypto Firms’ BlockFi, FTX Creditors appeared first on Cryptonews
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’s Zac Prince Leaves Crypto, Joins Real Estate Tech Startup Re Cost Seg
11.3.2024
Prince says he considered starting a new company in the crypto space, but wants something with a regular work week and lacks the octane and volatility of the industry