Analysis of BlockFi's Chapter 11 Bankruptcy Filing

InstitutionalNovember 28, 2022, 1:07PM EST
UPDATED: April 21, 2023, 4:38PM EDT
Analysis of BlockFi's Chapter 11 Bankruptcy Filing
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For a full overview of BlockFi's business and operating detail, please refer to The Block Research's prior Company Intelligence report. Per BlockFi's filing, entities included within the proceedings are as follows: 

BlockFi currently has ~$1.3bn in outstanding unsecured claims. Excluding client funds, the three largest claims belong to Ankura Trust, FTX.US (West Realm Shires Inc.) and the Securities & Exchange Commission (SEC). 

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