BlockFi
BlockFi was a leading financial services provider in the cryptocurrency space that offered digital assets to customers until its bankruptcy in 2022. BlockFi empowered users to maximize their investment potential in what was thought to be a secure and transparent manner. Follow Blockworks for the latest updates, and coverage of BlockFi, its founders and bankruptcy proceedings.

The breach Thursday calls into question the security measures employed by the third-party vendor

BlockFi is fighting tooth and nail to retain billions of dollars from FTX and Three Arrows Capital over allegations of fraud

BlockFi’s “demise was rooted in business practices and decisions well preceding” the bankruptcies of Alameda and FTX, a report found

BlockFi’s UCC wants to show who former CEO Zac Prince really is and what he and “his colleagues were doing…when no one was watching”

The lender said it needs to develop new product features and make platform modifications to facilitate withdrawals

Grayscale Investments, Kraken and BlockFi are among the industry players floating support, and suggestions, as the comment period winds down

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

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
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