Following days of speculation, BlockFi has announced it will be filing for bankruptcy.
“Since the pause, our team has explored every strategic option and alternative available to us, and has remained laser-focused on our primary objective of doing the best we can for our clients. These Chapter 11 cases will enable BlockFi to stabilize the business and provide BlockFi with the opportunity to consummate a reorganization plan that maximizes value for all stakeholders, including our valued clients.
The company also tweeted, “As part of our restructuring efforts, we will focus on recovering all obligations owed to BlockFi by counterparties, including FTX.” In the list of top 50 creditors filed in the court documents, unsecured claims range from $275 million to West Realm Shires Inc. to $999,650 to an unidentified creditor. It showed a debt of $30 million to the U.S. Securities and Exchange Commission.for $100 million in February for filing to register accounts the SEC deemed securities. West Realm Shires and the SEC were the only creditors listed by name in the document.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Crypto finance firm BlockFi files for bankruptcy following the fall of FTXCrypto’s cold winter claims another company.
Weiterlesen »
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troublesBlockFi files for bankruptcy just weeks after denying it had been significantly exposed to FTX.
Weiterlesen »
Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout ContinuesJUST IN: BlockFi has filed for bankruptcy days after FTX, which had once extended a line of credit to the troubled crypto lender, filed for bankruptcy itself. nikhileshde reports
Weiterlesen »
BlockFi files for bankruptcy as FTX contagion grips crypto markets | CNN BusinessCrypto lender BlockFi filed for bankruptcy Monday, becoming the latest casualty of the financial contagion unleashed by the collapse of Sam Bankman-Fried's empire.
Weiterlesen »
Crypto Firm BlockFi Files for Bankruptcy as FTX Fallout SpreadsBlockFi was one of the first firms to be “rescued” by former billionaire Sam Bankman-Fried’s FTX earlier this year.
Weiterlesen »