5 months ago
1 min read
BlockFi announces bankruptcy and intends to disclose assets and liabilities on Jan. 11
BlockFi, a crypto lending company, has revealed that it will be submitting information on its assets, liabilities, and payments received prior to its November bankruptcy filing. This includes a presentation to stakeholders on the plans for future court filings and an overview of the bankruptcy proceedings. The firm has also been in contact with 106 potential buyers since its first hearing and will ask the court for approval for the bidding process on January 30. Furthermore, BlockFi has confirmed that no executive team members have withdrawn any crypto from the platform since October 14, and that no withdrawal greater than