When crypto platform Stream Finance collapsed late last year, after roughly $93 million in user funds were lost, it exposed a ...

High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis. Cryptocurrency bankruptcy ...

Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX. In ...

The crypto lending market has plunged from its bull market peak and has fallen 43% from its all-time high to $36.5 billion in Q4 2024, according to a new report from Galaxy Research. The decline came ...

California's financial watchdog strips BlockFi of its lending license, citing a spree of compliance violations. BlockFi faces a $175,000 fine waived by regulators to prioritize consumer fund recovery ...

BlockFi, once a top crypto platform that eventually filed for bankruptcy, reported on X today that clients are now expected to receive 100% of outstanding (eligible) claims. Part of the equation is ...

He has reportedly agreed to a maximum sentencing guideline of 360 months, or 30 years, in prison. Last July, Mashinsky was arrested in New York and charged with seven criminal counts tied to the ...

Bitcoin lending is back on the rise, but with some changes. The collapse of Genesis, Celsius, and BlockFi in 2022 sent painful ripples across the crypto industry. These firms led the charge for ...

JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...

A process of deleveraging is underway in the digital asset industry. The events of recent months serve as a useful demonstration of how digital assets (or “crypto”) are merging with traditional ...