BlockFi | ForkLog

ForkLog 12 18.07.2024

BlockFi to Begin Compensation Payments by Month’s End

The crypto lender BlockFi is set to return digital assets to clients via Coinbase by the end of July. The firm, which has undergone bankruptcy proceedings, announced this on X. As described in our previously announced Coinbase distribution partnership blog post (https://t.co/M0T56YiKAe), BlockFi will commence first interim crypto distributions through Coinbase in July 2024. — […]

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ForkLog 12 10.05.2024

BlockFi to Shut Down Platform and Partner with Coinbase for Fund Withdrawals

Cryptocurrency lender BlockFi has announced the closure of its web platform in May 2024 and a partnership with the American exchange Coinbase to facilitate client fund withdrawals. BlockFi will be working closely with Coinbase to enable the following: (1) Clients will be provided with further details via account email on file, including instructions necessary to […]

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ForkLog 9 07.03.2024

BlockFi Settles $874.5 Million Claims with FTX and Alameda Research

The lending platform BlockFi, currently undergoing bankruptcy proceedings, has reached a preliminary agreement to settle claims against FTX and Alameda Research for $874.5 million. If approved by the court, the firm will distribute funds to its clients. The amount is expected to fully satisfy creditor claims. FTX will contribute $185.2 million, while $689.3 million will […]

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ForkLog 8 25.10.2023

BlockFi completes bankruptcy preparations

The lending platform BlockFi has completed bankruptcy preparations and is ready to begin distributing funds to creditors.

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ForkLog 7 27.09.2023

BlockFi wins court approval to implement liquidation plan

The crypto-lending platform BlockFi, in bankruptcy proceedings, has won court approval to implement the plan to wind down the business. Clients can expect to recover 35–63% of the debt.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 14 25.08.2023

FTX warns of user data leak

FTX, in bankruptcy proceedings, reported a leak of non-confidential data of some clients through the restructuring agent Kroll.

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ForkLog 9 10.07.2023

Media: 3AC liquidator to press claims against DCG and BlockFi for $1.2 billion

The liquidation firm Teneo, tasked with winding up Three Arrows Capital (3AC), pointed to the possibility of recovering $1.2 billion in court from Digital Currency Group (DCG) and BlockFi.

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ForkLog 7 29.06.2023

BlockFi creditors urge liquidation of the company

The creditors' committee of BlockFi, a cryptocurrency lending platform, accused its management of delaying the restructuring process and proposed to the court that the company be liquidated.

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ForkLog 4 23.06.2023

SEC postpones BlockFi’s $30 million penalty payment

The U.S. Securities and Exchange Commission (SEC) has postponed payment of BlockFi’s $30 million penalty until all creditor claims against the crypto-lending platform have been fully satisfied.

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ForkLog 10 13.06.2023

BlockFi eyes summer resumption of client withdrawals

The crypto-lending platform BlockFi expects to complete testing to allow some clients to withdraw funds this summer.

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ForkLog 8 16.05.2023

BlockFi to liquidate its lending platform, reports say

BlockFi plans to liquidate its lending platform after a failed sale.

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ForkLog 5 12.05.2023

Judge Allows Return of $300 Million to BlockFi Clients

The approximately $300 million held in custodial accounts are not property of the BlockFi platform and may be returned to their owners.

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