JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi. Bankrupt crypto companies ...
The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers. Bankrupt crypto firms BlockFi and FTX have reached an “in ...
BlockFi, the beleaguered cryptocurrency lender, has received court approval to repay 100% of customers’ funds and unsecured creditors after nearly two years of financial turmoil and legal battles. The ...
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BlockFi and DOJ settle $35M asset tranfer lawsuit
The legal dispute between BlockFi and the US Department of Justice (DOJ) over $35 million in crypto assets has officially been resolved, following court approval of a settlement reached by both ...
A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...
BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says
Fund recoveries for clients and creditors of bankrupt crypto lender BlockFi will depend heavily on the firm's claims against its commercial counterparties including FTX and Alameda, court filings from ...
BlockFi custodial wallet users can receive nearly $300 million after a bankruptcy judge ruled that the wallets belong to clients, not the troubled crypto lender. Judge Michael Kaplan weighed in on the ...
FTX and BlockFi customer data has been stolen from Kroll, a company that helps victims of bankrupt companies recoup their monetary losses. The data breach involved “a cybersecurity incident that ...
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