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) ...
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.
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 ...
Bankrupt crypto lender BlockFi will commence first interim crypto distributions through Coinbase (COIN) in July 2024, it announced on Thursday. In September 2023, creditors approved its bankruptcy ...
Kaspersky has detected a wave of phishing attacks preying on former customers of the bankrupt crypto lending platform BlockFi.These scams leverage the ongoing distribution of customer assets following ...
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 ...