NEW YORK, May 11 (Reuters) - Bankrupt crypto lender BlockFi received court permission on Thursday to return $297 million to customers with non-interest-bearing accounts, without repaying customers who ...

The lending platform halted client withdrawals amid filing for bankruptcy in November 2022 but later petitioned the court for authorization to return user funds. Many customers at defunct crypto ...

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 ...

(Reuters) -BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in the ...

The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers. Bankrupt crypto firms BlockFi and FTX have reached an “in ...

BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the ...

BlockFi clients can expect the return of almost $300 million held in custodial wallets, following a decision by New Jersey Bankruptcy Judge Michael Kaplan Thursday. He ruled that these assets belong ...

BlockFi custodial wallet users can receive nearly $300 million after a bankruptcy judge ruled that the wallets belong to clients, not the troubled crypto lender. Judge Michael Kaplan weighed in on the ...