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328 results
朝日新聞社8d
Crypto lender BlockFi files for bankruptcy, cites FTX exposure
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty after the firm was hurt by exposure to the spectacular collapse of the ...
TheStreet.com9d
Silicon Valley Bank Collapse: BlockFi Left $227 Million at Failed Bank
After filing for bankruptcy in November, BlockFi kept $227 million in unprotected funds via a money market mutual fund, the U.S. Trustee wrote in a court filing on March 10. Funds in a money ...
CoinTelegraph11d
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank fund
According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by the troubled Silicon Valley ...
Bloomberg L.P.9d
BlockFi Is ‘Fine’ Despite $227 Million SVB Exposure, Lawyer Says
“BlockFi is fine,” Christine Okike of Kirkland & Ellis said on behalf of the company in a bankruptcy hearing Monday. “We have access to cash to operate in the normal course, including paying ...
Wall Street Journal9d
BlockFi Says It Can Tap Cash Immediately From Silicon Valley Bank
BlockFi Inc. said Monday it won’t be hurt by the collapse of Silicon Valley Bank and has plenty of cash to cover expenses in bankruptcy, addressing concerns over the cryptocurrency lender’s ...
CoinDesk9d
BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney
BlockFi still has cash access in spite of its significant holdings at collapsed California lender Silicon Valley Bank (SVB), a federal bankruptcy court in New Jersey was told Monday. In a Friday ...
12d
Silicon Valley Bank Contagion: Crypto Companies Affected Include BlockFi, Circle, Avalanche, Ripple
BlockFi, Circle, Avalanche, Yuga Labs, and Proof are among crypto names that had exposure to Silicon Valley Bank.
FXStreet9d
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally. According to a ...
1d
Crypto Winter Means Hard Work for Bankruptcy Lawyers (Podcast)
On this special episode of our weekly podcast, On The Merits, we hear what it’s like to be an attorney managing the downfall ...

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