The bankruptcy was commenced to “stabilize its business and provide the company with the opportunity to consummate a comprehensive restructuring transaction” .
The crypto lending marketplace BlockFi has had a busy year, and today was no exception as the business released an announcement that it had voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey. The cryptocurrency network tweeted on November 10 that it has halted all activity, …
The nation's biggest independent robo-advisor is the latest big name detailing its revamped cryptocurrency plans despite a difficult year for digital assets.