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FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi…
Read more FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874mBlockFi has announced its emergence from bankruptcy and is initiating plans to repay creditors, marking a significant turnaround after last year’s challenging halt of withdrawals following the FTX…
Read more BlockFi to start settling debts with creditors after successful exit from bankruptcy“Contagion” is the most popular word in crypto after the disastrous fallout of the past year. And dominos keep falling as investors painfully realize how closely intertwined the…
Read more Crypto Contagion Lesson For Lenders: Stay Out Of Bitcoin MiningSen. Sherrod Brown (D-Ohio) made a plea to the Treasury Department on Wednesday to draft legislation that would set up surveillance and regulatory measures over the crypto industry…
Read more Sen. Sherrod Brown Urges Janet Yellen To Develop Legislation To Regulate Crypto Industry Following FTX ImplosionBlockFi has filed for chapter 11 bankruptcy, according to a press release. The lending platform is the latest victim of contagion within the industry that originated with the…
Read more Crypto Lender BlockFi Files For BankruptcyAlex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius Network filed for Chapter 11…
Read more Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
