Blockfi – Dec LM

BlockFi Appeals to Creditors to Come Forward and Claim Bankruptcy Distributions

Less than half of non-U.S. customers of bankrupt cryptocurrency lending firm BlockFi have come forward to claim their assets back with a May 15 deadline looming, the lender said...

BlockFi Administrator Submits Plan in Court to Make Customers Whole

The plan administrator revealed that a significant transaction had been closed which would enable a near-term final distribution of 100% for all eligible claims.

BlockFi to Start Interim Crypto Distributions Through Coinbase This Month

BlockFi was the first victims of the contagion caused by crypto exchange FTX’s collapse in early November 2022 and filed for bankruptcy on Nov. 28, 2022.

BlockFi’s Zac Prince Leaves Crypto, Joins Real Estate Tech Startup Re Cost Seg

Prince says he considered starting a new company in the crypto space, but wants something with a regular work week and lacks the octane and volatility of the industry.

BlockFi Settles With FTX, Alameda Estates for $874.5M

The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

The Sam Bankman-Fried Trial Is Revealing Crypto’s Amateur-Hour Ways

Audit-schmaudit.

SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies

BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.

BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation

A bankruptcy judge rebuffed Three Arrows Capital’s request to lift a stay on its claim against BlockFi, setting a January mediation he hopes negates the need for a February...

BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy

The beleaguered lender’s restructuring plan may soon be finalized, pending a bankruptcy judge’s approval, BlockFi said in a notice to creditors.