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Market Cap:
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Bitcoin Bitcoin Share: 63.43%
Markets: 100639
TheBlock
2022-11-28 18:07:29

Analysis of BlockFi’s Chapter 11 Bankruptcy Filing

Analysis of BlockFi’s Chapter 11 Bankruptcy Filing

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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