California's financial watchdog strips BlockFi of its lending license, citing a spree of compliance violations. BlockFi faces a $175,000 fine waived by regulators to prioritize consumer fund recovery ...

A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...

After a BlockFi investor withdrew an objection filed in February, a judge appeared to clear the way for the next step in a settlement of a class-action lawsuit. A New Jersey judge has given ...

The court granted colead counsel—Brian Calandra, a partner at Pomerantz, and Olimpio Squitieri, a partner at Squitieri & Fearon—their request for $2.7 million in attorney fees, or 20.4% of the ...

Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.

BlockFi, once a top crypto platform that eventually filed for bankruptcy, reported on X today that clients are now expected to receive 100% of outstanding (eligible) claims. Part of the equation is ...

Galaxy Digital Inc. is courting everyday investors with a new banking platform that is being led by Zac Prince, the co-founder and former chief executive of BlockFi Inc., a retail-focused wealth ...

Crypto lender Abra has quietly paused withdrawals for international customers without public announcement, sparking fears of another major platform collapse similar to Celsius and BlockFi as desperate ...