Search
BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says
15.5.2023
The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say
BlockFi users to get back $297M from Wallet accounts: Report
11.5.2023
Return of funds does not apply to users of interest-bearing accounts, ruled U.S. bankruptcy judge Michael Kaplan
BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says
11.5.2023
BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
20.4.2023
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring
Circle and BlockFi questioned on banking with SVB by Warren and AOC
12.4.2023
Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors
Sen. Warren, Rep. AOC Ask Circle, BlockFi Why They Banked at SVB
11.4.2023
Sen. Elizabeth Warren (D-Mass.) and Congresswoman Alexandria Ocasio-Cortez (D-New York) want to know why crypto companies, like bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank
Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus
11.4.2023
Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018
BlockFi to provide over $100K in refunds to California clients
28.3.2023
At least 111 BlockFi borrowers had continued repaying loans between Nov. 11 and Nov. 22, even though they didn't need to, according to court documents
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
27.3.2023
The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
24.3.2023
BlockFi filed for bankruptcy in the wake of FTX's collapse
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
13.3.2023
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally
BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney
13.3.2023
Bankrupt Crypto Lending Platform BlockFi Faces Potential $227 Million Loss in Uninsured Funds at Silicon Valley Bank – What's Going On?
11.3.2023
Bankrupt crypto lender BlockFi has $227 million in uninsured funds stuck in an account maintained by failed lender Silicon Valley Bank.
According to a March 10 filing by the Justice Department, BlockFi has $227 million parked in a money market mutual fund, which isn’t insured by the Federal...
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
11.3.2023
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank
Silvergate closes Exchange Network, releases $9.9M to BlockFi
4.3.2023
The bank is discontinuing its crypto payment network, claiming the termination is a risk-based decision
Crypto Bank Silvergate Forced to Return $9.85M Deposit to BlockFi in Ongoing Bankruptcy Dispute
4.3.2023
Crypto-friendly bank Silvergate has been forced to return $9.85 million to BlockFi as part of the crypto lender’s ongoing bankruptcy proceedings.
According to documents made available on the website of BlockFi’s restructuring advisor, the bankruptcy court overseeing BlockFi's restructuring process...
BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor
2.3.2023
Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...
BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle
20.2.2023
The bankrupt crypto lender asked for a court ruling to dismiss Sam Bankman Fried’s appeal for bankruptcy for his offshore investment firm Emergent Fidelity Technologies Ltd
BlockFi Looks to Dismiss Bankruptcy Case for SBF’s Robinhood Shell Company
17.2.2023
Emergent Fidelity case is "futile,” says the bankrupt crypto lender which is seeking access to its 55 million Robinhood shares