On Oct. 24, 2022, the Bankruptcy Court for the District of New Jersey confirmed BlockFi's Chapter 11 plan, ending its case prior to the one-year mark and paving the way for distributions to begin in ...

Return of funds does not apply to users of interest-bearing accounts, ruled U.S. Bankruptcy Judge Michael Kaplan. A United States judge has granted permission to bankrupt crypto lender BlockFi to ...

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud. Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three ...

BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...

Bankrupt crypto lender BlockFi has more than $1 billion tied up in the bankruptcies of Sam Bankman-Fried's FTX exchange and Alameda Research trading firm, a lawyer said. While it had borrowed $275 ...

(Reuters) -BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in the ...

BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the ...

The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be ...

NEW YORK, May 11 (Reuters) - Bankrupt crypto lender BlockFi received court permission on Thursday to return $297 million to customers with non-interest-bearing accounts, without repaying customers who ...