Cryptocoins News / Blockchain - 6 months ago
BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, proce...
by COINS NEWS - 6 months ago
BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests. Crypto lending platform BlockFi has emerged from bankruptcy and...
Bitcoin News / Bitcoinist - 6 months ago
According to a recent announcement, BlockFi, a prominent cryptocurrency lending platform, has emerged from bankruptcy as of October 24, 2023.
After months of “diligent efforts” by BlockFi’s management, advisors, and stakeholders, the company h...
Cryptocoins News / The Cointelegraph - 6 months ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Bitcoin News / Bitcoin.com - 6 months ago
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF).
Blockfi’s Prince: Loans Would...
Bitcoin News / Bitcoinist - 6 months ago
Stephen Ehrlich, the co-founder of Voyager Digital, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for alleged violations of derivatives regulations.
Bloomberg has revealed that the CFTC’s enforcement d...
Bitcoin News / Bitcoin.com - 6 months ago
According to a report, the spouse of Three Arrows Capital (3AC) co-founder Su Zhu has transformed their residence into a farmstead. The farm reportedly boasts numerous garden beds, a variety of composting zones, and the couple’s swimming pool h...
Cryptocoins News / Finance Magnates - 6 months ago
A significant sum of $4.1 billion in FTT tokens was
transferred between FTX and Alameda Research before the crypto exchange
collapsed. As the former CEO of FTX, Sam Bankman-Fried faces charges connected to the
exchange's downfall, a recent report has...
Bitcoin News / Bitcoin.com - 7 months ago
Crypto lender Blockfi is moving closer to returning funds to clients after a bankruptcy judge confirmed its Chapter 11 plan on Tuesday. The plan outlines a process for the company to distribute the remaining assets to clients and attempt to recover a...
Cryptocoins News / Finance Magnates - 7 months ago
Su Zhu, the Co-Founder of Three Arrows Capital (3AC), has
been arrested in Singapore. His arrest is linked to his alleged failure to
cooperate during the bankruptcy proceedings of 3AC, a crypto-lending company that collapsed last year. This afternoon...
Bitcoin News / Bitcoinist - 7 months ago
In a recent development, the Securities and Exchange Commission (SEC) has expressed concerns regarding Coinbase involvement in the restructuring plan of Celsius Network. This crypto-lending company filed for bankruptcy over a year ago.
The federal a...
Cryptocoins News / The Cointelegraph - 7 months ago
To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022. Crypto exchange Coinbase at...
Cryptocoins News / The Cointelegraph - 7 months ago
Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches in 2022. Creditors from bank...
by COINS NEWS - 7 months ago
Hello everyone. I posted something on the daily yesterday and i was suprised to see that some victims of the Celsius bankruptcy never heard that the recovery plan is out and that the vote is ending at the 22 of September. As i had a fair amount of ET...
Bitcoin News / Google News Bitcoin - 7 months ago
FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations – Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 7 months ago
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC).
16% of Solana’s Market Cap Is Held by FTX
In a recen...