BlockFi

Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to retrieve hundreds of millions of dollars to pay back their creditors. BlockFi claimed in an Aug. 21 filing to a New Jersey bankruptcy court that its own cred ...

They think the FTX excuses are attempts to justify themselves And remembered all the failures of the Top Managers At yesterday's court hearing, the Creditors Committee took another harsh swipe at BlockFi management. This can be read in the published minutes. C ...

Bankrupt cryptocurrency lender BlockFi announced plans to liquidate its platform because selling the business would not provide significant value to its creditors. That's the conclusion the company's management came to after unsuccessful attempts to get its platform sold ...

The company previously wanted to recognize them as property of the bankruptcy estate And that means customers would wait their turn Interest account holders would not get a refund BlockFi custodial wallet users will get almost $300 million back withou ...

Bhutan's largest state-owned company, Druk Holding and Investments, announced that it has been mining bitcoin for several years to diversify its investment portfolio.</div DHI CEO Ujjwal Deep Dahal said the company began showing interest in mining bitcoin when it was wor ...

BlockFi, the cryptocurrency lending company, has obtained another extension from the court to delay the submission of its final reorganization plan until mid-May. The delay was granted to allow BlockFi more time to finalize its restructuring plan as it considers selling off its assets and is acti ...