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HomeFinanceCrypto lender BlockFi given further time to file Chapter 11 exit plan

Crypto lender BlockFi given further time to file Chapter 11 exit plan

By Forex Crypto Zone

20 April 2023

BlockFi, a digital asset lender, was granted further time to submit a chapter exit plan by a New Jersey chapter decide in america on April 19.

The cryptocurrency lender filed for chapter in November 2022 and was reportedly granted a 48-day extension till Could 15 to file an exit plan. The crypto agency is exploring a possible sale of firm property or the opportunity of securing an outdoor backer to again a restructuring deal, BlockFi legal professional Joshua Sussberg mentioned in a listening to Wednesday.

Proceed studying on Coin Telegraph

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