Coinpedia
2023-06-28 09:42:28

BlockFi Creditors Take Legal Action, Push for Company Liquidation

The post BlockFi Creditors Take Legal Action, Push for Company Liquidation appeared first on Coinpedia Fintech News Creditors of crypto lender BlockFi have submitted a petition for the company’s liquidation, alleging misconduct by its management, including CEO Zac Prince. According to the creditors, BlockFi is deliberately delaying the resolution of bankruptcy proceedings to secure legal releases for its senior executives, who are held responsible for loans made to Alameda Research, affiliated with …

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