Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.
BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...
The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers. Bankrupt crypto firms BlockFi and FTX have reached an “in ...
Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has reached an "in principle" agreement with the estates of FTX and ...
BlockFi, the beleaguered cryptocurrency lender, has received court approval to repay 100% of customers’ funds and unsecured creditors after nearly two years of financial turmoil and legal battles. The ...