Artwork

Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

BLOCKFI NEW UPDATE FOR FEBRUARY 2023 | CUSTOMER WITHDRAWALS!

9:41
 
Share
 

Manage episode 353933190 series 2442796
Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A new report from CNBC.com shows that BlockFi had over 1.2 million tied up with FTX. Almost half of Blockfi’s assets were tied to FTX.

The lawyers for Celsius said the bids were lowball, and they didn’t consider selling the assets. Instead, they are trying to create an equity offering, so creditors get equity in the mining company, similar to what Simon Dixon proposed in the summer. There would be a fund that would have access to all litigation recovery, and the recovery token could pay dividends.

Celsius said they would not apply for licenses, so they need to find a partner to help facilitate the reorganization.

  continue reading

31 episodes

Artwork
iconShare
 
Manage episode 353933190 series 2442796
Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A new report from CNBC.com shows that BlockFi had over 1.2 million tied up with FTX. Almost half of Blockfi’s assets were tied to FTX.

The lawyers for Celsius said the bids were lowball, and they didn’t consider selling the assets. Instead, they are trying to create an equity offering, so creditors get equity in the mining company, similar to what Simon Dixon proposed in the summer. There would be a fund that would have access to all litigation recovery, and the recovery token could pay dividends.

Celsius said they would not apply for licenses, so they need to find a partner to help facilitate the reorganization.

  continue reading

31 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide