FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors, announced the filing of its initial Plan of Reorganization and related Term Sheet with the U.S. Bankruptcy Court. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer...
Read Story
August 01, 2023, 07:54 AM
|
BlockFi Inc. and eight of its affiliates (“BlockFi” or “the Company”) commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (“the Court”) to stabilize its business...
Read Story
November 29, 2022, 08:01 AM
|
BlockFi, a global crypto financial services company, signed a term sheet with FTX to secure a USD$250 million revolving line of credit providing BlockFi with access to further capital. The proceeds of the credit facility are intended to be...
Read Story
June 22, 2022, 08:02 AM
|