BlockFi Inc.

3:22-bk-19361

December 21, 2022
Calif. Regulator Moves To Revoke BlockFi's Lending License

California's Department of Financial Protection and Innovation wants bankrupt BlockFi Lending LLC's state financing law license revoked, a move that comes after the regulator found that the New Jersey-based lender failed to perform adequate underwriting when making loans, according to a statement.
December 02, 2022
Interest Rates Doom Lender, Crypto Winter Persists

Rising interest rates forced a reverse mortgage lender into Chapter 11, cryptocurrency platform BlockFi succumbed to the downfall of exchange FTX Trading, and FTX itself faced calls for an examination of its collapse. This is the week in bankruptcy.
November 29, 2022
BlockFi Blames FTX Failure, Loan Defaults For Its Ch. 11

Cryptocurrency platform BlockFi Inc. told a New Jersey bankruptcy judge Tuesday that the sudden and massive collapse of exchange FTX Trading Ltd. earlier this month overcame the debtor's robust risk management programs and forced it to file for Chapter 11 protection.
November 28, 2022
BlockFi Succumbs To FTX Exposure, Files For Ch. 11

Cryptocurrency platform BlockFi Inc. filed for Chapter 11 protection Monday in New Jersey bankruptcy court, becoming the latest digital asset enterprise to fall during the so-called crypto winter as it faces a liquidity crunch worsened by the recent failure of exchange FTX Trading Ltd.