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Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
27.1.2023
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials
BlockFi’s $10M Staff Bonus Package Approved by New Jersey Judge
27.1.2023
Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy
Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
25.1.2023
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what...
Breaking: BlockFi reportedly posts uncensored financials revealing $1.2 billion FTX exposure
25.1.2023
The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake
BlockFi to sell $160M in Bitcoin miner-backed loans: Report
24.1.2023
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24
BlockFi exec argues bankruptcy court should approve bonuses to retain talent
23.1.2023
According to Megan Crowell, losing certain employees could "severely [limit] the debtors’ options" amid bankruptcy proceedings
Bitfarms seeks to modify loan facility with BlockFi as bear market drags on
13.1.2023
“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas
Bitcoin Miner Bitfarms Looks to Amend BlockFi Loan, Warns of Default
13.1.2023
The outsanding $20 million are secured by only $5 million
FTX Loan Wiped Out $800M in BlockFi Executives’ Equity, Filings Reveal
12.1.2023
The crypto lender released extensive details of its finances in the run-up to its collapse in November
BlockFi Creditors Battle to Keep Their Details Secret
11.1.2023
The legal tussle mirrors those already held for collapsed crypto lender Celsius and the FTX exchange
BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11
9.1.2023
The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022
BlockFi Management Hasn't Withdrawn any Crypto Since October, Lawyers Tell Court
9.1.2023
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
30.12.2022
Hedge funds and debt investors have already purchased some of the claims
Robinhood shares claimed by BlockFi and FTX may move to a neutral broker
29.12.2022
Bankruptcy judge Michael Kaplan reportedly said that on Jan. 9, he will review if the shares should be transferred to a neutral broker
SBF borrowed $546M from Alameda to fund Robinhood share purchase
28.12.2022
An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
23.12.2022
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over...
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
23.12.2022
The 56 million Robinhood Markets shares at stake are currently worth around $450 million
California regulators order MyConstant to cease crypto-lending services
22.12.2022
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state
BlockFi initiates motion to return Frozen Cryptocurrency to users
21.12.2022
BlockFi, the well-known crypto lending platform, recently announced filing a motion to a US bankruptcy court. The news was a surprise since the platform claimed bankruptcy a while ago. Filed on December 19, the motion requests authorities to return the crypto assets held within BlockFi wallets...