Blockfi – Page 3 – DIGIT INFO

BlockFi to sell $160M in Bitcoin miner-backed loans: Report

The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24.

BlockFi exec argues bankruptcy court should approve bonuses to retain talent

According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options” amid bankruptcy proceedings.

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BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11

The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022.

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US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar cases involving crypto companies like Blockfi and FTX. Celsius Obtains Ownership of […]

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SBF borrowed $546M from Alameda to fund Robinhood share purchase

An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi.

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FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock

Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over FTX’s 56 Million Robinhood Shares On Dec. 22, 2022, court […]