BlockFi, the bankrupt crypto lending company, is finally starting to return funds to its customers. The company has reached a $940 million settlement with the estates of FTX and Alameda Research, allowing it to begin the process of restoring customer funds. The first interim crypto distributions ...

BlockFi, the bankrupt crypto lender, is set to begin its first interim crypto distributions through Coinbase in July 2024. This marks a major step in BlockFi's recovery journey following the fallout from the FTX exchange collapse. BlockFi's Journey Through Bankruptcy BlockFi was one of the ...

FTX has reached a settlement with the US Commodity Futures Trading Commission (CFTC) for a whopping $12.7 billion. This comes after months of negotiations and legal battles. The agreement, which is subject to court approval, includes $4 billion in disgorgement fees and $8.7 billion in restitution ...

The fallen crypto giant FTX has reached a settlement with the Commodity Futures Trading Commission (CFTC), agreeing to pay a hefty $12.7 billion to resolve the lawsuit. Court documents reveal that the restructured company will pay a $4 billion disgorgement fee and an additional $8.7 billion in ...