• Tue. Jul 2nd, 2024

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  • Bankrupt BlockFi plans to sell $160M Bitcoin mining hardware loans

Bankrupt BlockFi plans to sell $160M Bitcoin mining hardware loans

BlockFi filed for Chapter 11 bankruptcy in November 2022 citing exposure to the just collapsed FTX. The plan to sell off the loans backed by Bitcoin mining machines is part…

FTX has the green light to sell its other businesses including LedgerX

The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell some assets. The assets under consideration include LedgerX among other assets. The move will…