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Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’ – Bitcoin News

December 5, 2022November 28, 2022 William Foster

On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings in 2022. Blockfi Voluntarily Petitions for Chapter 11 Bankruptcy Protection Blockfi has … Read more

State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News

November 26, 2022 btilive

Report: State Securities Regulators Probe Crypto Lender Genesis

State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating … Read more