Tag: BlockFi
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BlockFi says it has emerged from bankruptcy and has begun the process of repaying its creditors according to the terms of its bankruptcy plan (Andrew Throuvalas/Decrypt)
[ad_1] Andrew Throuvalas / Decrypt: BlockFi says it has emerged from bankruptcy and has begun the process of repaying its creditors according to the terms of its bankruptcy plan — Fallen crypto lending firm BlockFi announced on Tuesday that it has “emerged” from bankruptcy, making its bankruptcy recovery plan effective as of October 24. [ad_2]…
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Crypto Lender BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
[ad_1] The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually collapsed after FTX blew up last fall. The restructuring plan, which more than 90% of creditors approved, will enable BlockFi to recover the assets it lost to crypto exchange FTX and failed hedge fund Three…