chapter 11
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Less than a year after declaring bankruptcy, BlockFi’s bankruptcy plan was confirmed
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CEO Adam Sullivan spoke to Blockworks about the latest with Core Scientific at the Permissionless conference in Austin, Texas
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Bankrupt crypto lender BlockFi has been allowed to extend the deadline for its Chapter 11 plan to mid-May
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Core Scientific plans to continue mining bitcoin throughout its bankruptcy, triggered by slumping revenue and unpayable debts
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BlockFi hopes bankruptcy court will let users withdraw crypto from Wallet accounts, although yield-seeking creditors might not be so lucky
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Celsius currently holds 11 types of stablecoins worth $23 million, much needed fuel for its ‘absolute zero trust’ revival plan
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