blockfi

Сообщение ChainCatcher, согласно The Block, компания по криптоинфраструктуре и капиталовложениям Keyrock завершила приобретение институциональной торговли и брокерских услуг BlockFills. Эта сделка принесла Keyrock торговые технологии BlockFills, отношения с институциональными клиентами и команду опытных трейдеров по деривативам.В объявлении говорится, что это приобретение также расширяет регуляторную карту Keyrock, позволяя ей иметь зарегистрированное юридическое лицо CIMA на Каймановых островах и планируя получить лицензию FCA в Великобритании. Объявление Keyrock не раскрыло цену покупки. Согласно ранее представленным судебным документам и отчетам, Keyrock была выбрана по цене 3,25 миллиона долларов в процессе банкротства BlockFills. Штаб-квартира BlockFills, расположенная в Чикаго, подала заявление о банкротстве в начале 2026 года после значительных убытков из-за краха крипторынка в феврале.

According to CoinDesk, Belgian digital asset service company Keyrock is acquiring the bankrupt crypto trading and lending company BlockFills for $3.25 million, pending court approval. Keyrock will take on "almost all" of BlockFills' assets, some liabilities, partial equity, client lists, as well as proprietary technology and intellectual property. BlockFills filed for Chapter 11 bankruptcy in March, reporting liabilities of $100 million to $500 million, with assets of only $50 million to $100 million.This acquisition will allow Keyrock to gain access to BlockFills' network of institutional clients, including hedge funds, asset management firms, market makers, and mining companies. Keyrock completed a Series C funding round last year led by SC Ventures, a subsidiary of Standard Chartered Bank, with a valuation of $1.1 billion, and acquired Luxembourg-based fund management company Turing Capital last fall.

BlockFills, headquartered in Chicago, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. Documents submitted by the company indicate that its estimated assets are between $50 million and $100 million, while estimated liabilities are between $100 million and $500 million.In a statement released on Sunday, BlockFills stated that after extensive discussions with investors, clients, and creditors, the Chapter 11 bankruptcy process is the "most responsible path forward." This filing for reorganization will allow the company to undergo an orderly restructuring under court supervision while maintaining transparency and oversight. The company added that this move aims to "stabilize the business, seek additional liquidity and avenues for recovery, and explore potential strategic transactions," while emphasizing that protecting customer interests "remains a top priority."

According to a report by the Financial Times citing anonymous sources, cryptocurrency trading and lending company BlockFills has "sought restructuring advice from consulting firm BRG." It is said that after halting withdrawals, BlockFills appointed BRG's Mark Renzi as "Chief Transformation Officer." The new management of BlockFills aims to "complete the restructuring, inject new capital, and implement new governance and financial controls."Previously, the lending institution temporarily suspended customer deposits and withdrawals last month. At that time, BlockFills attributed the move to "recent market and financial conditions," citing a significant decline in the digital asset market. This week, a federal judge issued a temporary restraining order against BlockFills after one of its clients, Dominion Capital, accused the company of mismanaging client funds in February.

A U.S. federal judge has issued a temporary restraining order against the cryptocurrency lending firm BlockFills, temporarily freezing its disputed assets. Dominion Capital filed a lawsuit on February 27, accusing BlockFills of misappropriating and unlawfully retaining customer crypto assets worth millions of dollars, commingling customer assets, concealing significant losses, and refusing to return funds after suspending withdrawals on the BlockFills platform in February. The frozen amount is 70.6 BTC, and it has prevented BlockFills from transferring assets overseas.The cryptocurrency lending firm BlockFills has been struggling, reporting a loss of $75 million, and suspended user deposits and withdrawals on February 11. The company, headquartered in Chicago, serves approximately 2,000 institutional clients, with a trading volume reaching $60 billion by 2025, and is currently seeking a buyer.

The co-founder and CEO of digital asset technology and trading company BlockFills, Nicholas Hammer, has stepped down. The company's website now lists Joseph Perry as the interim CEO, and a company spokesperson confirmed that Hammer served as CEO until July 2025.Blockfills announced on February 11 that it had suspended customer deposits and withdrawals due to recent market volatility that resulted in approximately $75 million in losses. According to informed sources, the platform had urged some customers to withdraw their assets in advance before the freeze, and deposits remain suspended. Reports indicate that the company is also seeking potential buyers, with investors including Susquehanna Private Equity Investments, CME Ventures, and Simplex Ventures.

ChainCatcher news, according to Decrypt, the BlockFi $13.2 million class action settlement is about to be approved, as the last objector Yacov Baron has withdrawn his opposition.The settlement will cover approximately 89,000 U.S. users who held BlockFi interest accounts between 2019 and 2022. BlockFi collapsed in 2022 due to a $680 million exposure to FTX, and this settlement provides a compensation avenue for affected investors.

ChainCatcher news, according to Cointelegraph, BlockFi's bankruptcy trustee has reached an agreement with the U.S. Department of Justice (DOJ) to dismiss a lawsuit involving the transfer of $35 million in cryptocurrency assets. New Jersey bankruptcy court judge Michael B. Kaplan approved the agreement on Friday.The case originated in May 2023, when the DOJ attempted to seize funds belonging to two Estonian citizens in BlockFi's accounts, claiming it was related to a criminal fraud case. According to the settlement terms, the case is "dismissed with prejudice," and both parties will bear their own legal costs.It is worth noting that BlockFi declared bankruptcy following the collapse of FTX in November 2022, currently owing approximately $10 billion to around 100,000 creditors, and has set April 28, 2024, as the deadline for customers to withdraw remaining cryptocurrency assets.

ChainCatcher news, according to CoinDesk, the bankrupt cryptocurrency lending platform BlockFi has announced that creditors must complete their asset claim by May 15, 2025, or unclaimed assets will be transferred to other unsecured creditors. Currently, the claim rate for U.S. customers has reached 97%, while only 43% of non-U.S. customers have completed their claims.BlockFi stated that the low claim rate may be due to some customers mistakenly treating the claim notifications as spam or phishing attacks. The company emphasized that some customers may need to complete KYC verification to receive their asset distribution.BlockFi filed for bankruptcy protection in November 2022 and announced in July 2024 that it would distribute assets at 100% of the dollar value of customer claims at the time of the bankruptcy filing. The company is now urging all eligible customers who have not yet completed their claims to act quickly to avoid missing the deadline.

ChainCatcher news, according to Cointelegraph, the California Department of Financial Protection and Innovation (DFPI) has announced the permanent revocation of the lending license for the bankrupt cryptocurrency lending platform BlockFi. This decision was made two years after BlockFi filed for bankruptcy. The DFPI suspended BlockFi's license in November 2022 and subsequently conducted a comprehensive review of the company.BlockFi has agreed to accept the license revocation and has committed to ceasing any illegal and unsafe business practices. The DFPI originally imposed a $175,000 fine on BlockFi, but considering the company is bankrupt and no longer operating, it decided to waive the fine to prioritize consumer protection.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the bankrupt crypto lending platform BlockFi transferred 7,382 ETH ($19.77 million) to Coinbase Prime 6 hours ago.In the past day, BlockFi has transferred a total of 19,449 ETH ($51.46 million) to Coinbase Prime.

ChainCatcher news, according to Ember monitoring, the bankrupt crypto lending platform BlockFi transferred 12,067 ETH (approximately 31.69 million USD) to Coinbase Prime 5 hours ago.

ChainCatcher news, digital asset technology and trading company BlockFills has announced the launch of a comprehensive cryptocurrency to fiat payment processing service designed specifically for corporate payment companies and fintech firms.The unique features of BlockFills' payment service include its fiat banking capabilities, supporting multiple fiat currencies and same-day settlement functionality.

ChainCatcher news, according to official sources, the digital asset technology and trading company BlockFills, aimed at institutions and professional traders, has appointed Amy Shelly as Chief Financial Officer (CFO).The team stated: "The company is preparing to open international offices, expand BlockFills' product offerings, and position itself for significant growth in the institutional digital asset space. Shelly has over 30 years of experience in financial services management, including six years as Chief Financial Officer of the Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization. Shelly is a licensed CPA and has received numerous accolades."Additionally, founding partner Neil Van Huis has been promoted to Chief Strategy Officer.

ChainCatcher news, Arkham officials stated that the bankrupt cryptocurrency lending company BlockFi received nearly 250 million USDC from Coinbase Prime two days ago. Previously, BlockFi was approved by a U.S. court to repay 100% of customer funds.

ChainCatcher message, according to Whale Alert monitoring, around 23:13 Beijing time today, 227,597,335 USDC was transferred from Coinbase Institutional to BlockFi.

ChainCatcher news, according to Finance Feeds, the bankrupt cryptocurrency lending institution BlockFi has received court approval to repay its customers and unsecured creditors. The U.S. Bankruptcy Court in New Jersey approved the company's plan on Thursday, allowing BlockFi to repay 100% of customer funds. This cryptocurrency lending institution sought court approval to monetize its $874.5 million claim against FTX for an amount significantly higher than face value. The court's approval means that customers can now receive a full refund of their assets.The company stated that while the recovery of assets cannot eliminate the impact of the financial crisis, "effectively distributing 100% of the claim value to customers in the near future will be a very positive outcome." The company indicated that the process of ultimately distributing assets to U.S. customers could begin within 90 days. However, due to regulatory challenges, international customers may have to wait longer.

ChainCatcher news, according to The Block, BlockFi has completed the sale of FTX claims and is preparing for distribution to the final creditors.BlockFi's plan administrator and M3 Partners managing partner Mohsin Y. Meghji reported on the sale to the U.S. Bankruptcy Court in New Jersey on Monday. Meghji stated that the sale process began on June 24 and ended on July 10, with the "highest and best bid" determined at a price "far above its face value" and monetized through an undisclosed third party.In March, BlockFi reached a $874.5 million principle settlement with FTX and Alameda Research, allowing the plan administrator to begin planning subsequent distributions to BlockFi creditors based on expected value. The company stated that this sale will allow for a "recent" final distribution of 100% of eligible customer and general unsecured creditor claims in statutory form.

ChainCatcher news, according to PRNewswire, BlockFi's manager Mohsin Y. Meghji announced a significant deal to sell all claims against FTX and achieve 100% payouts to customers and unsecured creditors. This transaction marks the nearing conclusion of BlockFi's liquidation. The BlockFi platform is no longer active, and customers' "physical" distributions will be conducted in partnership with Coinbase.

ChainCatcher news, BlockFi announced on X that it will begin its first temporary cryptocurrency distribution through Coinbase this month. These distributions will be processed in batches over the next few months, and eligible customers will receive a notification via email sent to their archived BlockFi accounts. Due to applicable regulatory requirements, non-U.S. customers are currently unable to receive funds.Previous news, the BlockFi network platform will close in May, and Coinbase will support cryptocurrency withdrawals for its customers.