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18d
Cryptopolitan on MSNBlockFi’s $13.2 million class action settlement moves closer to approval
A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...
How to Vote on the Blockfi Bankruptcy Plan Aaron Bennett believes most Blockfi creditors should vote to accept the plan, avoid opting into the convenience class, and accept the third party releases.
BlockFi, once a top crypto platform that eventually filed for bankruptcy, reported on X today that clients are now expected to receive 100% of outstanding (eligible) claims.
BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United ...
The Securities and Exchange Commission (SEC) charged Peter Thiel-backed BlockFi with failing to register the offers and sales of its retail crypto lending product, and the company agreed to pay a ...
BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two.
SEC Relinquishes $30M BlockFi Penalty Until Investors Are Repaid The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up ...
5d
NerdWallet on MSNCrypto Credit Cards Hit a Wall in 2022. They Appear to Have Scaled It
If you wanted a crypto-earning credit card at the end of 2021, you had a blockchain buffet of options. Multiple crypto companies like Gemini and BlockFi had launched cards that ...
The U.S. Securities and Exchange Commission (SEC) consented to defer the collection of a $30 million fine from the insolvent crypto lending platform BlockFi until such time as the investors have ...
According to a report from BlockFi’s unsecured creditors’ committee, the firm’s risk management team warned CEO Zac Prince of the risk of FTT-collateralized loans to Alameda.
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