Crypto Lender BlockFi Ordered to Withdraw Unapproved Reorganization Plan Shared 'Prematurely'

The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

• 2023-05-22
• New Jersey Bankruptcy Court reorganization plan BlockFi Michael B. Kaplan bankruptcy court

BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management

The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.

• 2023-05-16
• Alameda SVB FTX false case narrative BlockFi

Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients

The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.

• 2023-03-28
• timely notification California bankruptcy court refund request BlockFi