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liquidate

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16 May 23

BlockFi opts to liquidate its lending business

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District of […]

09 Mar 23

Silvergate to wind down operations and liquidate the bank

Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. The crypto-friendly bank earlier ended its crypto payments network. In a press release on March 8, 2023, Silvergate said it intends to cease operations and liquidate its bank, stating […]