FTX and BlockFi claimants received legit-looking fraudulent emails luring them with a promise of instant withdrawals.
Sam Bankman-Fried returns to Manhattan federal court Thursday for sentencing that could land him in prison for the next ...
Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud ...
Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has reached an "in principle" agreement with the estates of FTX ...
FTX and BlockFi creditors fall victim to an elaborate email phishing scam, leading to a multi-million dollar theft in digital ...
Under the new settlement, FTX agreed to prioritize a $250 million payment to BlockFi, and the remainder of the settlement is contingent on its efforts to repay its own customers in bankruptcy.
In a recent update, Zac Prince, the founder and former CEO of the now-bankrupt cryptocurrency lender BlockFi, has shared insights into the company’s bankruptcy proceedings and his future career plans.
He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector.
Terms of the settlement are subject to approval by U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware. The settlement would resolve BlockFi’s claims against FTX, totaling approximately a ...
This, according to a recent bankruptcy court filing. BlockFi filed for bankruptcy in November of 2022 following the collapse of multiple crypto firms, culminating in the failure of FTX.
Under the new settlement, FTX agreed to prioritize a $250 million payment to BlockFi, and the remainder of the settlement is contingent on its efforts to repay its own customers in bankruptcy.