Bitfarms seeks to avoid BlockFi loan default with renegotiation #bitfarms #blockfi https://cutt.ly/m2Za3e6

BlockFi to file assets and liabilities following bankruptcy declaration #blockfi #bankruptcy https://cutt.ly/g2IYObk

The #CertiK Annual Report 2022
https://youtu.be/-DRgqXveq2k

The largest losses of user funds this year resulted from centralized platforms going insolvent... From #Luna, to #FTX and #BlockFi, and beyond, let's go through what went down this year. #crypto #blockchain

BlockFi versucht, Abhebungen für bestimmte Nutzer wieder zu öffnen #blockfi #Rücktritt #Lebenslauf https://cutt.ly/W0S0mto

I don't share anything on the bird site unless I think it's really important and @mikeburgersburg is doing a Space right now talking about #Binance and #Voyager and since he's the guy who helped call the fall of #Celsius and #FTX and #BlockFi and others I figured it was probably worth listening to what he had to say...

Note: It's being recorded so you can listen to it once it's done.

#crypto

https://twitter.com/i/spaces/1yoKMZYXlYjGQ/peek

Andrei Jikh has been a proponent of crypto for some time now, but when FTX collapsed and started taking other related crypto companies down, he had a considerable amount of money in BlockFi. This video is a roller coaster ride of one person's history with investing in crypto.

#FTX #BlockFi #AndreiJikh #CryptoArmageddon #Crypto

https://youtu.be/3T8-ErAFlao

Crypto läuft grad nicht so, hab ich den Eindruck. #blockfi

On tonight's @technically_tuesday topics are #BlockFi Bankruptcy, Twitter Apps In Danger?, and Regulated #Crypto Isn't Crypto. I will go live around 8:30 US eastern at https://diode.zone/w/fUyLBvkh9fiNuLUtZoUErz

And another? #BlockFi #cryptocoins

BlockFi ha avviato procedure legali volontarie presso il tribunale fallimentare degli Stati Uniti per stabilizzare la propria attività e portare a termine un'operazione di ristrutturazione completa.

https://www.btcsentinel.com/

#blockfi #ftx #capitolo11 #fallimento #bancarotta

#Crypto firm #BlockFi files for #bankruptcy after #FTX collapse https://www.bbc.co.uk/news/business-63786201

It's also interesting that BlockFi is saying that it will be filing a Plan of Reorganization today. That Plan is not flied yet, but that signals that BlockFi has thought about an exit strategy for its Chapter 11. What that exit strategy may look like is anyone's guess, but it puts BlockFi miles ahead of FTX in terms of thinking about one.

The first-day declaration is here: https://restructuring.ra.kroll.com/blockfi/Home-DownloadPDF?id1=MTM1MjM3NQ==&id2=-1

#BlockFi #Chapter11 #Bankruptcy #Crypto

As expected BlockFi has filed Chapter 11 bankruptcy in the District of New Jersey. Unlike the FTX bankruptcy proceeding which could be charitably characterized as an utter shitshow, BlockFi's bankruptcy is proceeding more along the lines of a normal Chapter 11 with first-day motions actually being filed on the first day.

https://restructuring.ra.kroll.com/blockfi/

#Bankruptcy #BlockFi #Chapter11 #Crypto

BlockFi Files for Bankruptcy as Latest #Crypto #Casualty
Cryptocurrency lender #BlockFi filed for #bankruptcy, the latest casualty in the crypto turmoil after FTX's collapse.

First #FTX and now #BlockFi wow. Still holding on to #DOGE to get gains from the swings.

#crypto
#DOGE
#FTX
#Blockfi

RIP #BlockFi and customers

Welp. there it is. Got the email this morning, but been expecting it since April/May when they got a loan from FTX to stay afloat.

#blockfi #cryptocurrency

Here's #BlockFi's own thread about the announcement from Twitter (via privacy-alternative #Nitter):

https://nitter.net/BlockFi/status/1597253476899250178

In today's #TotallyUnsurprisingNews, #BlockFi today has announced that it will be filing for #bankruptcy, after the FTX debacle has left them in deep water. :ablobcatknitsweats:

And to think, #FTX and #SBF were branded as industry heroes when they offered a "rescue package" revolving line of credit to them months ago. Ouch. :dumpsterfire:

https://www.businesswire.com/news/home/20221128005451/en/

This aged really well 🍷👻

If Wolf of Wall Street were about crypto:

https://m.youtube.com/watch?v=KHEZCXfyxjU

#crypto #ftx #exchange #ftt #stacking #fraud #blockfi #blockchain #centralization #cryptocurrency