Quick Take November 28, 2022 BlockFi files for Chapter 11 Bankruptcy Protection BlockFi estimates there will be funds left over to distribute to the more than 100,000 unsecured creditors $1 – $10bn estimated assets available for distribution $1 – $10bn estimated liabilities outstanding Bankruptcy process led by CEO and Co-founder Zach Prince This is an ongoing series from The Block Research covering BlockFi’s insolvency and bankruptcy proceedings
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