Struggling BlockFi will wind down operations by May 2024 and has partnered with Coinbase for client fund withdrawals. The ...
Successful bankruptcy proceedings and future plans Prince highlighted the success of the bankruptcy process, noting that ...
In a move to facilitate the distribution of crypto assets to eligible clients, bankrupt cryptocurrency lender BlockFi has ...
In its bankruptcy filing in November 2022, BlockFi had cited its loans to FTX's sister firm Alameda as one of the reasons for its collapse. Separately, FTX founder Sam Bankman-Fried is currently ...
There are lessons to be learned from the major crypto bankruptcies. This guide covers a number of these monumental events in ...
NEW YORK: BlockFi, the first direct casualty of crypto exchange FTX’s collapse, tells a US bankruptcy judge that the US cryptocurrency lender was “the antithesis of FTX” and that it would ...
“Fee examiners have become more prevalent recently because of very significant bankruptcy cases seeking recompense for ...
Bankruptcy courts face the dilemma of balancing ... U.S.C. § 502), and not the higher value at confirmation. For example, BlockFi (a crypto exchange that offered customers the option to deposit ...
and who has jurisdiction over these issues — the criminal courts or the bankruptcy courts. In the BlockFi case, the DOJ seized assets of the company pursuant to criminal and civil forfeitures ...
rue21 has filed for Chapter 11 bankruptcy and is closing all of its over 500 stores. Reuters reported that the teen fashion retailer plans to close all of its 543 U.S. stores within the next two ...
In these situations, there are debt relief options, like bankruptcy and debt settlement, that can provide a much-needed lifeline, offering you a path to regain control and stabilize your financial ...
Although bankruptcy can help you recover from debt, it can make it more difficult to secure a loan in the future. Rebuilding your credit can make it easier to qualify for a personal loan after ...