“Fee examiners have become more prevalent recently because of very significant bankruptcy cases seeking recompense for ...
Bankruptcy courts face the dilemma of balancing ... U.S.C. § 502), and not the higher value at confirmation. For example, BlockFi (a crypto exchange that offered customers the option to deposit ...
In a move to facilitate the distribution of crypto assets to eligible clients, bankrupt cryptocurrency lender BlockFi has ...
NEW YORK: BlockFi, the first direct casualty of crypto exchange FTX’s collapse, tells a US bankruptcy judge that the US cryptocurrency lender was “the antithesis of FTX” and that it would ...
The majority of loans were issued to institutional market makers following U.S. approval of spot bitcoin exchange-traded ...
In its bankruptcy filing in November 2022, BlockFi had cited its loans to FTX's sister firm Alameda as one of the reasons for its collapse. Separately, FTX founder Sam Bankman-Fried is currently ...
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will ...
FTX has announced it will be paid back most of its customers two years after it collapsed. Here's how we got to that point.
and who has jurisdiction over these issues — the criminal courts or the bankruptcy courts. In the BlockFi case, the DOJ seized assets of the company pursuant to criminal and civil forfeitures ...
The collapse of Terraform in 2022 contributed to a significant crypto market downturn that caused firms, including FTX, BlockFi and Celsius, to file for bankruptcy. The platform filed for Chapter ...
Crypto Expert Louis recently revealed more insights regarding BlockFi’s bankruptcy saga. Established in 2017 by Zack Prince, the company embarked on a venture to lend out cryptocurrency. However, ...