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Bankrupt lender BlockFi to liquidate lending platform
By Oluwapelumi Adejumo at 2026-05-07 05:34
Sentiment: Negative
Bankrupt crypto lender BlockFi has decided to liquidate its crypto lending platform stating that selling will not generate enough value for its creditors. The firm, which owes its top 50 creditors more than $1.3 billion, filed its Chapter 11 restructuring plan with US Bankruptcy Court on May 12. The plan would be sent to its […] The post Bankrupt lender BlockFi to liquidate lending platform appeared first on CryptoSlate. Continue reading...
Categories: Bankruptcy
Tags: #Bankruptcy #Featured #BlockFi #crypto lender
Source CryptoSlate