Crypto lender BlockFi emerges from bankruptcyThe development closes one of many bankruptcies the crypto industry saw since last year, in what has been one of the most challenging perio...
25 Oct, 2023, 12.05 AM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutVoyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto h...
18 May, 2023, 12.19 AM IST
BlockFi gets court nod to return $297 million to wallet customersBlockFi was one of several crypto lenders to go bankrupt in 2022, and questions about the ownership of customer funds have also been raised...
12 May, 2023, 12.00 AM IST
Crypto group DCG says bankrupt unit Genesis' creditors renege on dealDCG, a conglomerate in the digital asset space, had been looking to sell Genesis to repay some of the $3.4 billion, at a minimum, it owes c...
25 Apr, 2023, 07.03 PM IST
Crypto firms acted like banks, then collapsed like dominoesIn a span of less than 12 months, nearly all of the biggest cryptocurrency companies have failed spectacularly.
24 Jan, 2023, 08.30 PM IST
BlockFi says it repaid investor $15 million to settle over crypto crashThe settlement resolved claims by the investor, identified only as "Counterparty A," who had purchased equity shares that were issued as pa...
10 Jan, 2023, 05.21 PM IST
Crypto meltdown a boon for bankruptcy lawyersLarge law firms can rake in more than $100 million in legal fees during a long-running bankruptcy, experts said. "You've got to pay the gra...
02 Dec, 2022, 04.44 PM IST
BlockFi tells U.S. bankruptcy court it is 'the antithesis of FTX'BlockFi filed for Chapter 11 protection on Monday, citing FTX's collapse and volatility in the crypto markets.
30 Nov, 2022, 03.31 PM IST
Crypto exchange Bitfront shuts down"However, despite our efforts ... we have regretfully determined that we need to shut down BITFRONT in order to continue growing the LINE b...
29 Nov, 2022, 07.14 PM IST
BlockFi makes first appearance in bankruptcy courtBlockFi is expected to tell U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey why it went bankrupt and how it plans to exit from ...
29 Nov, 2022, 05.05 PM IST
Crypto exchange Bitfront shuts downBitfront said the move is unrelated to recent issues among certain crypto exchanges that have been accused of "misconduct".
29 Nov, 2022, 12.44 PM IST
As FTX contagion sweeps crypto markets, BlockFi declares bankruptcyBlockFi suspended withdrawals earlier this month, citing considerable exposure to Bankman-FTX Fried's exchange and its sibling hedge fund A...
29 Nov, 2022, 12.04 AM IST
Crypto lender BlockFi files for bankruptcy protectionNew Jersey-based BlockFi had earlier paused withdrawals from its platform and acknowledged it had "significant exposure" to FTX, and its as...
28 Nov, 2022, 09.14 PM IST
Crypto lender BlockFi files for bankruptcy protectionBlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight of its affiliates, in the latest casualty since F...
28 Nov, 2022, 09.13 PM IST
Smartkarma Research: FTX Fallout - A Quick UpdateOn November 14, the Company filed a motion in the Delaware court to allow FTX to modify creditor list requirement from top 20 creditor list...
24 Nov, 2022, 10.39 AM IST
Bankrupt crypto lender Voyager's CFO to exit months after appointmentBut inflation and subsequent rate hikes by the U.S. Federal Reserve led to a wide sell-off in the alternative asset class that dealt a heav...
24 Sep, 2022, 11.26 AM IST
Top crypto hedge fund Three Arrows Capital files for bankruptcyAccording to court documents seen by the Financial Times, crypto options and futures exchange "Deribit claimed Three Arrows failed to repay...
02 Jul, 2022, 02.23 PM IST