Repayment Process for 100,000 Creditors of BlockFi Starts This Month
The Road to Recovery: How a Bankrupt crypto Lender Is Making Its Comeback In an industry as volatile as cryptocurrency, the rise and fall of giants serve as both cautionary tales and learning insights for observers and participants alike One such narrative is that of a once thriving crypto lender that faced tumultuous challenges, shedding light on the perils and possibilities within the crypto space This is a story that resonates deeply with the spirit of resilience and innovative problem-solving From Boom to Bankruptcy Established in 2018, the crypto lender quickly became a beacon of success by offering high-yield interest accounts and crypto-backed loans, securing heavy-weight funding along the way Its valuation skyrocketed to an impressive $3 billion following a substantial investment round in March 2021...
Read more