BlockFi

The creditors committee said BlockFi’s communication with creditors was “loud” and “in your face”

Researchers at the Chicago Fed observed that platforms used customer funds for risky investments to generate promised high returns, and customers ran to avoid potential losses

Creditors will have until July 28, 2023 to vote on BlockFi’s restructuring plan should the court approve it

“The user interface did not accurately reflect the transactions,” Kaplan said in court

Bankrupt crypto lender BlockFi has been allowed to extend the deadline for its Chapter 11 plan to mid-May

Druk Holdings and Investments, which is the Kingdom of Bhutan’s sovereign investment arm, was a customer of both Celsius and BlockFi before the bankruptcies

BlockFi’s proposal to return the crypto held in customer wallets has been delayed while both parties attempt to resolve their issues

FTX-related claims approved by Nexus Mutual have ranged from $6,500 to $1.15 million

ConsenSys among latest firms bit by layoffs amid “very challenging macroeconomic environment”

Celsius, BlockFi and Voyager were among crypto’s biggest players to file for bankruptcy in 2022, legal expert says

Crypto hardware wallet company names new CEO, and more layoffs from Coinbase, Crypto.com and Blockchain.com

Coinbase’s settlement with a New York regulator marks one of the industry’s largest to date in US dollar terms

FTX attorneys had previously tried to lay their own claims to the outstanding shares

BlockFi wants to collect on a 7.6% stake in Robinhood, collateral pledged by Alameda in the early days of FTX’s collapse

After more than a decade at Bank of America Merrill Lynch, Rishi Ramchandi spent the last two-plus years at BlockFi, which filed for bankruptcy last month

BlockFi hopes bankruptcy court will let users withdraw crypto from Wallet accounts, although yield-seeking creditors might not be so lucky

BlockFi is the latest to be affected by FTX contagion — a round up of the key events that have unfolded so far

A Sam Bankman-Fried holding company pledged Robinhood stock as collateral for more than half a billion dollars in loans from BlockFi

Silvergate has been working to reassure customers of its solvency in light of multiple bankruptcies across crypto, including BlockFi

BlockFi has roughly 100,000 creditors with $1 billion to $10 billion in liabilities and assets

FTX in July had planned to acquire BlockFi for up to $240 million, depending on the startup’s performance triggers

But will BlockFi customers want to do business with centralized exchanges after the FTX debacle?

FTT has tanked around 19% in the past 24 hours, putting its seven-day decline at roughly 90%, while bitcoin and ether erase Thursday’s gains

BlockFi has been swept up in the widespread crypto reckoning, admitting it can’t function properly due to the ongoing FTX crisis

Bitcoin platform NYDIG reportedly laid off 110 employees despite recent capital raises