BlockFi to start settling debts with creditors after successful exit from bankruptcy

FTX	2023-10-25 23:37

BlockFi has announced its emergence from bankruptcy and is initiating plans to repay creditors, marking a significant turnaround after last year’s challenging halt of withdrawals following the FTX exchange collapse.

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creditors blockfi bankruptcy challenging year significant turnaround

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Источник: btcmanager.com

creditors blockfi → Результатов: 30

BlockFi’s bankruptcy moves forward with creditor vote

BlockFi announces the start of its Chapter 11 solicitation period, allowing creditors to vote on the bankruptcy plan. Blockfi has announced via Twitter that the solicitation period for creditors under Chapter 11 has begun. During this time, the creditors can…

2023-8-16 16:09
creditors blockfi solicitation chapter period vote bankruptcy

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BlockFi Creditors Oppose Restructuring Plans and Ask Court to Step In

BlockFi creditors asked the court to hand over the assets to new management as they don't have confidence in the leadership of the current team. The post BlockFi Creditors Oppose Restructuring Plans and Ask Court to Step In appeared first on BeInCrypto.

2023-5-16 17:30
blockfi court creditors oppose step ask plans

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BlockFi opts to liquidate its lending business

New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District…

2023-5-16 16:49
blockfi lending court liquidate creditors might benefit

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Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance

BlockFi's creditors have claimed that the company used customer funds to buy insurance for $30 million. Customers also argued that the lender purposefully delayed the trial. In response to BThe post Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance appeared first on AMBCrypto.

2023-5-16 16:00	News
buy million insurance funds customer lender blockfi

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BlockFi used customer money to buy $30M insurance, creditors claim

BlockFi said selling its cryptocurrency lending platform might not generate value for creditors.

2023-5-17 13:00	United States
creditors blockfi cryptocurrency said selling lending value

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BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management

The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.

2023-5-16 10:08
victim blockfi management creditors itself portraying narrative

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Bankrupt lender BlockFi to liquidate lending platform

Bankrupt crypto lender BlockFi has decided to liquidate its crypto lending platform stating that selling will not generate enough value for its creditors. The firm, which owes its top 50 creditors more than $1.

2023-5-16 22:40
bankrupt crypto creditors lending platform lender liquidate

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BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says

The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.

2023-5-15 17:07	Bankruptcy
against claims make counterparties commercial set billion

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BlockFi Creditors Await Fund Recovery: FTX Clawback in Focus

BlockFi has outlined how it intends to distribute assets among its creditors. But what can be recovered rests on its claims against FTX. The post BlockFi Creditors Await Fund Recovery: FTX Clawback in Focus appeared first on BeInCrypto.

2023-5-15 12:08	Cryptocurrency
blockfi creditors ftx focus clawback fund await

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BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors

Coinspeaker BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors A judge has approved repayment for BlockFi custodial wallet holders but said interest-bearing funds still belong to the bankrupt company.

2023-5-12 13:33	FTX
holders repayment company custodial blockfi risk losing

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BlockFi Updates Frozen Account Holders On Claims Process

After recent Court sessions and AMAs, BlockFi has updated clients and creditors about its claims process for frozen account holders

2023-2-15 01:40	BNC insights
process blockfi holders claims frozen account clients

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FTX creditors list, BlockFi $1.2B exposure and new Celsius token: Hodler’s Digest, Jan. 22-28

FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban.

2023-1-29 00:30
new ftx hashflare take authorities senate hearing

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BlockFi Creditors Battle to Keep Their Details Secret

The legal tussle mirrors those already held for collapsed crypto lender Celsius and the FTX exchange.

2023-1-11 12:54	policy
collapsed held crypto lender exchange ftx celsius

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56 Million Robinhood Shares to Get Liquidated as FTX Creditors Battle to Claim Ownership

Sam Bankman-Fried, BlockFi, and other creditors try to claim ownership over the 56 million HOOD stock. FTX urges the court to freeze the assets. The post 56 Million Robinhood Shares to Get Liquidated as FTX Creditors Battle to Claim Ownership appeared first on BeInCrypto.

2022-12-24 00:27
creditors ftx ownership claim million robinhood shares

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BlockFi Has $10 Billion in Assets and Liabilities and 100,000 Creditors: Bankruptcy Filing

Cryptocurrency lender BlockFi and its eight affiliates have disclosed assets and liabilities worth $10 billion and 100,000 creditors in a Chapter 11 bankruptcy protection filed Monday in the United States Bankruptcy Court for the District of New Jersey.

2022-11-30 23:50	Ethereum News
bankruptcy blockfi creditors billion 100 liabilities assets

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BlockFi’s recent filing mentions U.S. SEC among largest creditors

In a recent court filing, BlockFi listed the US Securities and Exchange Commission among its largest creditors. According to reports, the lender owes the SEC about $30 million.

2022-11-29 13:02	SEC
largest creditors blockfi among sec filing recent

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FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says

FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.

2022-11-15 22:42	World
ftx lumida ceo says buy time tried

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Минюст США назначил криптобирже Binance внешнего наблюдателя

Министерство юстиции США выбрало консалтинговую компанию Forensic Risk Alliance в качестве наблюдателя за деятельностью крупнейшей криптовалютной биржи мира Binance. Forensic Risk будет обязана мониторить работу торговой площадки на протяжении трех лет.

FTX And Alameda Ramp Up Liquidations; Almost $100 Million In Assets Sold In Just One Month

Managers of the collapsed crypto exchange FTX and its sister trading firm Alameda have undertaken substantial liquidations, selling off assets totaling over $100 million in just one month.

BlockFi partners with Coinbase to distribute assets recovered from FTX

Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of funds recovered from bankrupt FTX. BlockFi, which emerged from bankruptcy in 2023 following a series of cascading bankruptcies associated with the collapse…

FTX Token (FTT) defies bearish market sentiment with 35% rally

On the heels of news that FTX customers may reimbursed in full, FTX Token (FTT) registered an impressive run over the past day. FTT is up by 35.6% in the past 24 hours and is trading at $2.16 at the…

FTX has billions more than needed to repay bankruptcy victims

Bankrupt cryptocurrency exchange FTX has amassed billions in extra money to fully repay its 2 million customers, marking a new twist in bankruptcy proceedings. Cryptocurrency exchange FTX which went bankrupt in late 2022 has accumulated billions more than it needs…

FTX to pay out at least 118% of recognized claims to 98% of its creditors

FTX's reorganization plan promises 98% of creditors over 100% cash repayment, with a total distribution value up to $16.3 billion. The post FTX to pay out at least 118% of recognized claims to 98% of its creditors appeared first on Crypto Briefing.

Former FTX executive Ryan Salame forfeits $5.9m Bahamas mansion

Ryan Salame, the former co-CEO of FTX Digital Markets, has agreed to transfer his multimillion-dollar Bahamas home as part of a plea agreement in a criminal prosecution. According to a request filed by FTX Trading Ltd and connected debtors with…

2023-10-25 23:37

creditors blockfi → Результатов: 30

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