BlockFi Management Hasn’t Withdrawn Any Crypto Since October, Lawyer Tells Court

Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ

Sussberg said BlockFi plans to file its assets and liabilities, along with a statement of financial affairs on Wednesday, which BlockFi later confirmed on Twitter. Shortly after the first hearing in November, the company kicked off a sale process and has reached out to “106 domestic and international potential buyers for some or all of the business,” Sussberg’s presentation said. The company plans to ask for court approval of bidding procedures at a Jan. 30 hearing.

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