US-based cryptocurrency lending platform BlockFi has just announced that it will provide information about payments received before it filed for bankruptcy in November, as well as information about its assets and liabilities. BlockFi has also stated that it prepared a presentation on behalf of its stakeholders, including plans for future court filings and a summary of its bankruptcy process.
BlockFi has claimed that no members of the company’s management team has withdrawn cryptocurrencies from the platform since October, as Cointelegraph reported.
On Monday, Nov. 28, the company announced that it had filed for Chapter 11 bankruptcy. The filing in the US Bankruptcy Court for the District of New Jersey involves the company and its eight subsidiaries.
