2023-5-12 18:04 |
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 bankrupt crypto lender. origin »
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In a pivotal development for BlockFi and Three Arrows Capital (3AC), a United States judge, Michael Kaplan, in a court hearing on Tuesday provided the legal nod to a settlement that puts an end to the financial disputes between the crypto lender and the defunct crypto hedge fund. BlockFi had asserted a claim of $129 […]
2024-2-8 12:02 | |
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BlockFi customers who held funds in custodial wallets can be refunded nearly $300 million, a bankruptcy judge said on Thursday. The judge’s ruling on the dispute between some customers and BlockFi comes amid bankruptcy proceedings for the troubled crypto lender.
2023-5-12 21:07 | |
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BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
2023-4-21 16:17 | |
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Bankruptcy Judge Michael Kaplan approved crypto lender's BlockFi motion to pay its staff up to $10 million in a "retention program." The post BlockFi Gets Approval to Pay Staff $10M Bonus appeared first on BeInCrypto.
2023-1-29 16:01 | |
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Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy
2023-1-28 19:26 | |
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The judge in charge of the BlockFi bankruptcy case is considering moving the disputed Robinhood shares bought by Sam Bankman-Fried to a neutral broker pending the case's conclusion.
2022-12-30 21:32 | |
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Bankruptcy judge Michael Kaplan said that on Jan. 9, he will review if the shares should be transferred to a neutral broker.
2022-12-30 16:31 | |
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The judge overseeing BlockFi’s ongoing bankruptcy case agreed today to review a request that could see 56 million Robinhood shares moved to a neutral location, according to a report from the Wall Street Journal on December 28.
2022-12-30 12:00 | |
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The 56 million Robinhood Markets shares at stake are currently worth around $450 million.
2022-12-24 14:50 | |
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The biggest news in the cryptoverse for December 15 includes BlockFi, Viltalik, XRP, Greenridge, Ukraine war and more in this CryptoSlate Wrapped Daily. The post BlockFi Wallet may reopen; Vitalik calls XRP centralized; Judge state Craig Wright is ‘dishonest’: CryptoSlate Wrapped Daily appeared first on CryptoSlate.
2022-12-21 00:30 | |
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The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.