Bitcoin News / Bitcoinist - 8 months ago
Embarking on a new chapter, BlockFi Founder and former CEO Zac Prince has emerged from the shadows surrounding the bankruptcy proceedings of the once-prominent crypto lender. Prince’s silence during the tumultuous period was a strategic move, a...
Bitcoin News / Bitcoinist - 8 months ago
In a significant development, crypto lender BlockFi has reached an “in principle” agreement with the estates of bankrupt FTX and its trading arm Alameda Research to settle nearly $1 billion in claims. The settlement, outlined in a recent...
Cryptocoins News / Blockchain - 8 months ago
FTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga. (Read More)
Cryptocoins News / Blockchain - 9 months ago
A US judge approved a confidential settlement between BlockFi and Three Arrows Capital, aiming to resolve financial disputes without further litigation. The details remain sealed to protect sensitive information amidst BlockFi's bankruptcy proceeding...
by COINS NEWS - 10 months ago
BlockFi and Robinhood users, the IRS is issuing CP2000 notices for 2021 trades from these platforms. We've had a few people reach out to us about these notices, so lets break it down: A CP 2000 notice indicates that the income the IRS received fr...
Bitcoin News / Bitcoinist - 1 year ago
submitted by /u/FitScore3115 [link] [comments]
Cryptocoins News / Finance Magnates - 1 year ago
FTX and BlockFi have received the approval to resume proceedings for the negotiation of claims settlement in the aftermath of BlockFi's bankruptcy filing last year. This step allows FTX to present its arguments, paving the way for a potential settlem...
Cryptocoins News / The Cointelegraph - 1 year ago
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi....
Bitcoin News / Google News Bitcoin - 1 year ago
Luxor refutes claims its Bitcoin hash rate-backed product is BlockFi ...& & Cointelegraph
Bitcoin News / Google News Bitcoin - 1 year ago
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi ...& & Cointelegraph
Cryptocoins News / The Cointelegraph - 1 year ago
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. An upcoming Bitcoin (BTC) hashrate-bac...
Cryptocoins News / The Cointelegraph - 1 year ago
“The return comes from hash rate, not from pixie dust, Ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. An upcoming Bitcoin (BTC) hash rate-b...
Cryptocoins News / The Cointelegraph - 1 year ago
This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more....
Cryptocoins News / Blockchain - 1 year 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...
Cryptocoins News / Finance Magnates - 1 year ago
BlockFi has emerged from bankruptcy as of October 24, 2023. The company's management, advisors, and stakeholders have worked over the past 11 months to reach this milestone, doing so with commendable speed and efficiency compared to many other retail...
by COINS NEWS - 1 year 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 - 1 year 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...
Bitcoin News / Bitcoin.com - 1 year 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...
Cryptocoins News / Finance Magnates - 1 year ago
BlockFi's CEO Zac Prince testified today (Friday) in the ongoing case against Sam Bankman-Fried (SBF), highlighting a billion-dollar loss incurred by his crypto lending firm in connection with Alameda Research and FTX. According to a report by Coinde...
More / Bitcoin Reddit - 1 year ago
Requested the transfer in August. Then yesterday they asked for ID and Face Scans…..today I got confirmation and it was received in my cold wallet. Still have 0.0133 in the interest account….I’ll probably never get that. submitted by /u...
Bitcoin News / Bitcoin.com - 1 year 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...
by COINS NEWS - 1 year ago
It was a nice Saturday. Time with the kids, quick visit to CostCo and a slice pizza for my efforts. Then… Ping. New email (all quotes direct from that email) BlockFi Plan Confirmation Up until now, I would have trusted my dog to come up with a bet...
Cryptocoins News / The Cointelegraph - 1 year ago
The approval is seen as a milestone moment for BlockFi's over 100,000 creditors, who have been long awaiting repayment. The customers of bankrupt cryptocurrency lendin...
Cryptocoins News / The Cointelegraph - 1 year ago
The approval is seen as a milestone moment for BlockFi’s 100,000-plus creditors, who have been long awaiting repayment. The customers of bankrupt cryptocurrency lendin...
by COINS NEWS - 1 year ago
-----------******-------------- **Disclaimer:** This looks like financial advice, doesn’t it? You look at it from the right, it looks like I am pushing you to do what is written in the article. If you put your head down and think, you may be co...
