Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace […]
Category: BlockFi
Auto Added by WPeMatico
The settlement with FTX and Alameda Research is a key part of BlockFi’s bankruptcy and reorganization plan.
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
The approval is seen as a milestone moment for BlockFi’s 100,000-plus creditors, who have been long awaiting repayment.
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.
Circle and BlockFi executives were questioned after the lawmakers accused Silicon Valley Bank of “coddling” and giving “white glove” treatment […]
Sen. Elizabeth Warren (D-Mass.) and Congresswoman Alexandria Ocasio-Cortez (D-New York) want to know why crypto companies, like bankrupt crypto lender […]
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be […]