2019-3-20 06:55 |
BlockFi CEO Zac Prince explains in depth how the startup manages the myriad risks of lending and borrowing crypto.
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Новозеландская криптовалютная биржа Cryptopia вернет средства пострадавшим клиентам в биткоинах и Dogecoin. Представители биржи планируют отдать часть активов к концу года.
BlockFi has reached an agreement in principle with Vrai Nom Investment in its complex bankruptcy proceedings, potentially marking a pivotal moment in the crypto lending firm’s efforts to navigate its financial challenges.
BlockFi announced on Oct. 24 that it has emerged from bankruptcy and can now enact the various parts of its bankruptcy plan, including a wind-down. BlockFi said that it will continue to distribute client assets.
Failed crypto hedge fund Three Arrows Capital’s (3AC) attempt to pursue a $284 million claim against crypto lender BlockFi was put into mediation by the U.S. bankruptcy judge overseeing BlockFi’s case.
Bankrupt crypto lender BlockFi announced that it had received conditional approval for its disclosure statement from the United States Bankruptcy Court of New Jersey, according to an Aug. 2 press statement jointly issued with its Official Committee of Unsecured Creditors.
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.
BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were not notified until November 22 that they could stop repaying their Loans “until further notice.