BlockFi Receives Court Approval To Refund $297 Million to Users
As part of its bankruptcy procedures, BlockFi is given authorization to repay $297 million to a select group of consumers.
Other top stories
All stories
Latest firstBlockFi had $227 Mln in funds held at collapsed Silicon Valley Bank
SVB was shut down and taken over by the Federal Deposit Insurance Corporation on Friday
Silvergate to Repay $9.85 Million to BlockFi in Reserve Account
Silvergate Bank has been mandated to give $9.85 million back to BlockFi as part of the latter company's ongoing bankruptcy procedures.
Crypto Investor initiates class action lawsuit against BlockFi and Gemini
BlockFi founders and Gemini are the subjects of a class action lawsuit filed by an investor over frozen money.
Bankrupt BlockFi gets court approval for sale of its crypto mining assets
To participate in the bidding process, potential bidders are expected to deliver written proposals to each of the "co-counsel to the debtors."
Crypto lender BlockFi had $1.2 billion exposure to collapsed FTX: Report
BlockFi had approximately $415.9 million worth of assets tied to FTX and $831.3 million in loans to FTX's sister trading firm Alameda.
Bankrupt BlockFi files motion requesting court to return frozen crypto to users
In the motion, BlockFi has requested the court to honor client withdrawals from wallet accounts frozen on the platform since early November
Bankrupt Blockfi Files Lawsuit Against FTX’s Bankman-Fried Over His Robinhood Shares
BlockFi accuses Emergent Fidelity Technologies Ltd of defaulting on its obligations under a November 9 pledge agreement.
Crypto Lender BlockFi files for Chapter 11 bankruptcy
The Company's priority will be to restore all obligations owed to BlockFi by its counterparties, which includes FTX and related corporate entities.
BlockFi likely to file for bankruptcy after FTX exposure
BlockFi has admitted to having "significant exposure to FTX and associated corporate entities.
