Bankruptcy

BlockFi's bankruptcy exit plan

Bankrupt cryptolender BlockFi filed a plan of reorganization that contemplates emerging as a reorganized company but says it's also open to selling its assets.

BlockFi makes first appearance in bankruptcy court

Founded by fintech executive-turned-crypto entrepreneur Zac Prince, the company said its bankruptcy stemmed from its substantial exposure to FTX and broader turmoil in crypto markets.

BlockFi not FTX, says company's financial adviser

The financial adviser to bankrupt BlockFi says there are no corporate governance issues at the cryptocurrency exchange and that management remains committed to doing the right thing.