WebNov 11, 2024 · By Elaine Yu. Nov. 10, 2024 11:55 pm ET. Text. Cryptocurrency lender BlockFi Inc. said it was pausing withdrawals and limiting activity on its platform, becoming the latest casualty of the sudden ... WebNov 28, 2024 · In its bankruptcy filing, BlockFi said it owed money to more than 100,000 creditors. The largest creditor listed is Ankura Trust, a company that represents creditors in stressed situations, which ...
BlockFi files for bankruptcy as FTX fallout spreads
WebNov 28, 2024 · In an official announcement, the New Jersey-based company said it "will focus on recovering all obligations owed to BlockFi," but that "recoveries from FTX will be delayed" due to the ongoing bankruptcy proceedings at the fallen crypto exchange.. The crypto lender is also laying off a large portion of its staff, the source said. BlockFi, which … WebApr 11, 2024 · Bankruptcy claims trading market Xclaim has closed a $7 million Series A funding round, the company said Tuesday. Xclaim allows for the trading of major bankruptcy creditor claims, including FTX ... jewish menu ideas
BlockFi Petitions Bankruptcy Court to Let Clients Withdraw …
WebNov 28, 2024 · BlockFi has filed a motion requesting authority from the U.S. Bankruptcy Court to allow clients to withdraw digital assets that are held in their BlockFi Wallet Accounts. We will be seeking similar relief from the … WebDec 2, 2024 · New Jersey-based crypto lender BlockFi filed for voluntary Chapter 11 bankruptcy earlier this week. Prior to the announcement, the platform paused all activity … WebNov 11, 2024 · BlockFi now appears poised to follow FTX into insolvency, as reports emerged later Thursday evening that they have retained bankruptcy counsel. "Our priority has been and will continue to be to protect our clients and their interests," BlockFi wrote. "We intend to communicate as frequently as possible going forward but anticipate that … installation netbeans