Filing: BlockFi and FTX reach a tentative agreement to settle all litigation, with BlockFi receiving claims of $185.2M against FTX and $689.3M against Alameda
The agreement between the two bankrupt crypto companies awaits court approval — BlockFi and FTX have reached a tentative agreement …
Hackers access some customer data at FTX, Genesis, and BlockFi by SIM swapping an employee of Kroll, which manages creditor claims for the bankrupt companies
We were recently informed that on Saturday, August 19, 2023 … Bill Toulas / BleepingComputer : Kroll data breach exposes info of FTX, BlockFi, Genesis creditors Pierluigi Paganini / Security Affairs :...
FTX, Genesis, and BlockFi customer data is compromised after a SIM swap against an employee of Kroll, which manages creditor claims for the bankrupt companies
A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies. — Register Now
Court filing: the US SEC agreed to forego $30M of bankrupt crypto lender BlockFi's $50M fine, for not registering with the regulator, until investors are repaid
For Now Brian McGleenon / The Block : SEC postpones $30 million BlockFi penalty to boost creditor repayments Mandy Williams / CryptoPotato : US SEC Agrees to Forego BlockFi's $30M Fine Until Investors...
Filing: crypto lender BlockFi, which filed for bankruptcy in November 2022, has $227M in uninsured funds in SVB; BlockFi may have violated US bankruptcy law
which could be a prblm w/ keeping in compliance of bankruptcy law https://twitter.com/... @justafamilyman_ : BlockFi is the gift that keeps on giving and not in a good way. This is a mess of epic prop...
Filing: crypto lender BlockFi, which filed for bankruptcy in November 2022, has $227M in uninsured funds in SVB; BlockFi may have violated US bankruptcy law
- Crypto lender Blockfi has millions in uninsured funds because the cash is a money market mutual fund, according to a bankruptcy document filed on Friday.
Internal documents suggest personal finance app Eco, offering 2.5%-5% “rewards APY”, misrepresented its practices as funds likely went to risky crypto entities
Startup Idea №1: — We provide an API for charitable funds … Tweets: Jason Mikula / @mikulaja : Fintech Biz Weekly exclusive WHISTLEBLOWER REVEALS: a16z- & Peter Thiel-backed Eco lied, said it earned...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binance are ludicrous. Th...
In his NYT interview, SBF gave few straight answers while admitting to gross errors, denying claims of fraud, and claiming he “didn't knowingly commingle funds”
You hold customers' funds and don't do ANYTHING with them except hold them. When your customers ask for them back you give it to them - immediately. https://twitter.com/... @cmsintern : Intern notes f...
In a bankruptcy hearing, BlockFi's lawyers say the lender plans to reopen withdrawals, BlockFi lent $671M to Alameda and has $355M frozen on FTX, and more
but let's just say it *helps* when FTX & BlockFi are no longer market dumping our every BTC/ETH deposit to prop up their fraudulent schemes. Layah Heilpern / @layahheilpern : Just in: BlockFi has $355...