BlockFi Recovers From Bankruptcy, Starts Repaying Creditors
Crypto lender BlockFi has started repaying its creditors following its high-profile bankruptcy, from which it appears to be recovering
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Crypto lender BlockFi has started repaying its creditors following its high-profile bankruptcy, from which it appears to be recovering
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 contractually subordinate to all client balances across all account types (such as BlockFi Interest Account*...
Two leading global crypto financial services companies BlockFi and FTX have today signed a term paper securing a $250 million revolving line of credit.
/PRNewswire/ -- BlockFi, a global crypto financial services company, today announced that the company signed a term sheet with FTX to secure a $250 million USD...