BlockFi Inc.

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Case overview

Case Number:

3:22-bk-19361

Court:

New Jersey

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. December 02, 2022

    Interest Rates Doom Lender, Crypto Winter Persists

    Rising interest rates forced a reverse mortgage lender into Chapter 11, cryptocurrency platform BlockFi succumbed to the downfall of exchange FTX Trading, and FTX itself faced calls for an examination of its collapse. This is the week in bankruptcy.

  2. November 29, 2022

    BlockFi Blames FTX Failure, Loan Defaults For Its Ch. 11

    Cryptocurrency platform BlockFi Inc. told a New Jersey bankruptcy judge Tuesday that the sudden and massive collapse of exchange FTX Trading Ltd. earlier this month overcame the debtor's robust risk management programs and forced it to file for Chapter 11 protection.

  3. November 28, 2022

    BlockFi Succumbs To FTX Exposure, Files For Ch. 11

    Cryptocurrency platform BlockFi Inc. filed for Chapter 11 protection Monday in New Jersey bankruptcy court, becoming the latest digital asset enterprise to fall during the so-called crypto winter as it faces a liquidity crunch worsened by the recent failure of exchange FTX Trading Ltd.