BlockFi gets court nod to sell crypto mining assets
It is understood that BlockFi wants to get bids in quickly as possible to make the most of the current market conditions.
$DRAMA
1.2 billion
Alameda Research
annualized basis
bankrupt firms
bankruptcy
blockfi
Blockfi Bankrupt
Blockfi Bankruptcy
business entity
Chapter 11 bankruptcy protection
cnbc
Community
Crypto lender
crypto lending industry
Exposure
financial documents
financial misrepresentation
Flori Marquez
FTX
FTX.US
hidden exposure
independent
independent entity
July 2023
line of credit
loans
M3 Partners
MacKenzie Sigalos
New Jersey
News
Payroll
request for comment
Scrutiny
Staff Members
ties
Top Executives
undisclosed
unredacted documents
zac prince
Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed…
Breaking: BlockFi uncensored financials reportedly shows $1.2B FTX exposure
The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake.
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.
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The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022.
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.…
affidavit
Alameda
bankruptcy
blockfi
Court
emergent technologies
loans
Robinhood
Sam Bankman-Fried
SBF
shares
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.
$450 Million
56 million shares
Alameda
Alameda Research
blockfi
Blockfi Zac Prince
Caroline Ellison
FTX
HOOD
HOOD shares
News
OTC deal
Robinhood
Robinhood shares
Robinhood stock
Sam Bankman-Fried
SBF
SBF shares
Trouble crypto lender
troubled crypto lender
Yonathan Ben Shimon
zac prince
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…
blockfi
Department of Financial Protection and Innovation
DFPI
interest-bearing crypto asset accounts.
MyConstant
California regulators order MyConstant to cease crypto-lending services
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.