Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices. The California Department of Financial Protection and Innovation (DFPI) ...
Bankrupt crypto BlockFi will begin distributing crypto assets through Coinbase in July. Eligible account users will receive email alerts from BlockFi, with payouts taking place in phases over the next ...
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 ...
A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...
Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.
North Dakota Securities Department joins with 31 other state securities regulators to settle with digital asset lending platform BlockFi for $100 Million for sales of unregistered securities BISMARK – ...
The total crypto market capitalization has dropped from $4.3 trillion in early October to $2.4 trillion at press time. Bitcoin (BTC), which peaked above $126,000 on Oct. 6, is trading 45% lower at $69 ...
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