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BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn

Bankruptcy cryptocurrency lender BlockFi took back statements it made earlier this month about a plan to reorganize which it said was done “prematurely.” BlockFi released a “corrective letter to creditors” on Friday, dir...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn
Bankruptcy cryptocurrency lender BlockFi took back statements it made earlier this month about a plan to reorganize which it said was done “prematurely.”
BlockFi released a “corrective letter to creditors” on Friday, directed by the court, asking them to disregard certain statements posted to the court docket, on its website and on Twitter. ...
Read More: BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn

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