BlockFi

Creditors of cyptocurrency lender BlockFi have pleaded to keep their personal information private in court documents. Disclosing their names as part of the bankruptcy proceedings could put them at risk of identity theft or hacking, they claim. The peculiar request is a result of a similar incident...

FTX founder Sam Bankman-Fried is facing legal battles as he attempted to keep control of his 56 million shares in the consumer trading app Robinhood Markets Inc (NASDAQ: HOOD), currently worth around $450 million. Bankman-Fried acquired them through his holding company Emergent...

Former FTX CEO Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase a stake in Robinhood Markets, according to court records. In an affidavit delivered to a Caribbean court before his detention, Bankman-Fried stated that he and FTX co-founder Gary Wang...

Crypto exchange FTX (CRYPTO: FTT) has sought help from a U.S. bankruptcy court in a dispute over ownership of Robinhood Markets Inc (NASDAQ: HOOD) stock valued at roughly $450 million, according to a petition filed on Thursday. About 56 million shares of the brokerage owned by Emergent Fidelity...

Beleaguered cryptocurrency exchange FTX is attempting to stop BlockFi from claiming more than $440 million worth of shares of Robinhood Markets Inc (NASDAQ: HOOD) purchased by Sam Bankman-Fried. What Happened: FTX said the Robinhood shares in...

Defunct cryptocurrency lending platform BlockFi has filed a motion asking a U.S. bankruptcy court to grant permission for its users to withdraw digital assets that are currently locked up in its wallets. The lender requested permission to recognize client withdrawals from wallet accounts that...

About 60% of Americans believe investing in digital currency is a risky endeavor — a 15% increase from 2021. Crypto remains among the least popular investment option, states a survey, with just 10% saying they invest in the digital assets. What Happened: The findings, uncovered in...

The U.S. Securities Exchange Commission (SEC) is cautioning publicly traded firms that if they have been affected by the recent FTX-led (CRYPTO: FTT) disruptions in the industry, they need to inform their investors. What Happened: The Division of Corporation Finance informed U.S....

A new short report is pointing out problems at Silvergate Capital Corp (NYSE: SI), a cryptocurrency-friendly bank that has seen its stock price fall in 2022. What Happened: The cryptocurrency industry has fallen under pressure for regulation after the collapse and bankruptcy of the ...

Silvergate Capital (NYSE: SI), a crypto institutional services provider, said that it is minimally exposed to the bankrupt BlockFi crypto lending firm. What Happened: According to Silvergate, the exposure to BlockFi is limited to less than $20 million of its total deposits from all digital asset...

BlockFi, the latest crypto lending platform to go bankrupt, has filed a suit against FTX (CRYPTO: FTT) founder Sam Bankman-Fried's holding company Emergent Fidelity Technologies, seeking his shares in Robinhood (NASDAQ: HOOD), which were allegedly pledged as collateral earlier in November...

The U.S. Securities and Exchange Commission (SEC) is one of the biggest creditors of crypto lending company BlockFi, which after a string of failures in the digital-assets market, filed for bankruptcy. According to a filing made on Monday, the regulator has a $30 million unsecured claim...

The collapse of the world’s third largest cryptocurrency exchange FTX has claimed another victim, with crypto lender BlockFi filing for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey on Monday.  In its bankruptcy filing, the...

Cryptocurrency lender BlockFi is closer to bankruptcy, an announcement that could come in the coming days according to a new report. What Happened: Crypto lending company BlockFi has been in the news recently thanks to its connection to cryptocurrency platform FTX. After FTX declared bankruptcy...

Hong Kong-based global exchange AAX (CRYPTO: AAB) halted user withdrawals on Tuesday, saying it was at risk of a capital deficit and needed more investments to resume normal operations.  What Happened: AAX said that it suspended withdrawals in the wake of Sam Bankman-Fried's FTX (...