The settlement between FTX, Alameda, and BlockFi signifies a crucial step towards resolving complex financial disputes. It reflects a pragmatic approach to navigating bankruptcy proceedings, albeit with lingering uncertainties regarding customer payouts.
Cheng Yuan
AlexBlockFi has made an announcement of significant importance, allowing the submission of withdrawal requests from both US and international users.
CatherineThe fate of certain claims is tied to assets whose status will be decided at Sam Bankman-Fried’s trial in October.
BeincryptoGenesis customers will likely be waiting for weeks before they can withdraw their funds.
cryptopotatoHere is a timeline of the major crypto bankruptcies in the past six months.
The BlockBlockFi is the latest crypto firm to file for bankruptcy following the collapse of Sam Bankman-Fried's crypto empire.
In its bankruptcy filing, BlockFi claimed more than 100,000 creditors, and liabilities ranging from $1 billion to $10 billion.
OthersThe business claimed that it was unable to conduct business as usual due to “a lack of clarification on the status of FTX.com, FTX US, and Alameda.”
The Crypto StarSeveral top-tier crypto lending platforms have found themselves in a pickle lately. BlockFi is affected by the recent bankruptcy filing ...
Bitcoinist