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CoinDesk
2d
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
The company will distribute the loan repayment refunds through its servicer to former clients, pending bankruptcy court ...
oc-breeze
1d
Crypto lender BlockFi agrees to provide more than $100,000 in refunds to Californians
The refunds stem from BlockFi’s conduct following the crash of the FTX cryptocurrency exchange. On November 10, 2022, BlockFi paused its platform and prohibited consumer withdrawals given its exposure ...
Internet of People
1d
Bankrupt BlockFi to refund over $100K to California clients
California's financial watchdog, the Department of Financial Protection and Innovation, had suspended BlockFi’s lending ...
24/7 Wall St2d
BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court
BlockFi recently received approval from the bankruptcy court in New Jersey to sell 6,400 of its cryptocurrency mining rigs worth approximately $4.7 million. U.S. Farms & Mining Opportunity Fund ...
financefeeds
1d
BlockFi to refund $103K to Californian users
Bankrupt crypto lender BlockFi will refund more than $100,000 to its California-based users who continued to repay loans even ...
1d
BlockFi to provide over $100K in refunds to California clients
California’s financial watchdog claims BlockFi failed to "provide timely notification to borrowers that they could stop repaying their BlockFi loans," resulting in repayments of over $100,000.
Law Street Media8h
Crypto Winter Drives Flurry of Court Activity for Troubled Firms
Another crypto lender, BlockFi, succumbed to bankruptcy in November 2022. BlockFi’s downfall was partly tied to FTX as it relied upon a $400 million “credit facility” to stay above water after ...
1d
As Crypto Bankruptcies Continue, Crypto Miners Strain Power Grids
Stinson’s Thomas Salerno analyzes the scope of cryptocurrency bankruptcies that are rippling through various sectors, while ...
8d
Crypto Winter Means Hard Work for Bankruptcy Lawyers (Podcast)
On this special episode of our weekly podcast, On The Merits, we hear what it’s like to be an attorney managing the downfall ...

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