BlockFi

BlockFi Lending LLC v. Digistar Norway AS et al: Dismissal (‘$37M Crypto Loan’)

December 13, 2023

Stipulation of Dismissal & Dismissal Order in BlockFi Lending LLC v. Digistar Norway AS, of Norway; Nessim-Sariel Gaon, described in the complaint as a resident of London, England, and Fiorenzo Manganiello, described in the complaint as a resident of Geneva, Switzerland, at the U.S. Bankruptcy Court for the District of New Jersey.

BlockFi International Ltd. v. Vrai Nom Investment Ltd.: Complaint

July 10, 2023

Complaint in BlockFi International Ltd., of Bermuda v. Vrai Nom Investment Limitede, of Hong Kong, at the U.S. Bankruptcy Court for the District of New Jersey.

BlockFi Trading LLC v. Connecticut Banking Commissioner Jorge Perez: Complaint (‘Money Transmitter License’)

June 13, 2023

Complaint to enforce an automatic stay of administrative proceedings to revoke a money transmitter license or, alternatively, "a finding that the Department violated Section 525 by its actions to revoke BlockFi’s monetary transmission license and assess civil penalties" in BlockFi Trading LLC" v. Jorge L. Perez, solely in his official capacity as Commissioner of the Connecticut Department of Banking, at the U.S. Bankruptcy Court for the District of New Jersey.

BlockFi Lending LLC v. Digistar Norway AS et al: Complaint (‘$37M Crypto Loan’)

May 26, 2023

Complaint in BlockFi Lending LLC v. Digistar Norway AS, of Norway; Nessim-Sariel Gaon, described as a resident of London, England, and Fiorenzo Manganiello, described as a resident of Geneva, Switzerland, at the U.S. Bankruptcy Court for the District of New Jersey.

USA v. Sergei Potapenko et al: USA’s Motion to Compel BlockFi’s Compliance With Seizure Warrants (‘$575M Crypto Fraud’)

May 22, 2023

USA's Motion to Compel BlockFi to Comply with Seizure Warrants in USA v. Sergei Potapenko and Ivan Turõgin, both citizens of Estonia, at the U.S. District Court for the Western District of Washington.

BlockFi International Ltd. v. Druk Holding and Investments Ltd.: Complaint (‘Unpaid Crypto Loans’)

March 22, 2023

Complaint in BlockFi International Ltd., of Bermuda v. Druk Holding and Investments Limited, of Bhutan, at the U.S. Bankruptcy Court for the District of New Jersey.

Angela Barkhouse et al v. Emergent Fidelity Technologies Ltd.: Liquidation Judgment (‘Sam Bankman-Fried Fraud’)

March 20, 2023

Judgment in Angela Barkhouse and Toni Shukla, as Receivers of Emergent Fidelity Technologies Ltd. v. Emergent Fidelity Technologies Ltd., as Respondent, and Sam Bankman-Fried and BlockFi Inc., as Interested Parties, at the High Court of Justice of Antigua and Barbuda.

Trey Greene v. Zac Prince et al: Class Action Complaint (‘Crypto Fraud’)

February 28, 2023

Class Action Complaint alleging crypto fraud in Trey Greene v. Zac Prince, Flori Marquez, Tony Laura, Jennifer Hill, and Gemini Trading LLC at the U.S. District Court for the District of New Jersey.

Emergent Fidelity Technologies Ltd.: Chapter 11 Petition (‘FTX Crypto Affiliate’)

February 3, 2023

Chapter 11 Petition by Emergent Fidelity Technologies Ltd., of Antigua and Barbuda, whose majority owner and sole director is FTX crypto group's Sam Bankman-Fried and Gary Wang, filed at the U.S. Bankruptcy Court for the District of Delaware.

BlockFi Inc. et al v. Emergent Fidelity Technologies Ltd. et al: Complaint (‘Collateral Recovery’)

November 28, 2022

Complaint "to enforce the terms of a pledge agreement and to recover collateral that is property of these bankruptcy estates" in BlockFi Inc., of Delaware; BlockFi Lending LLC, of Delaware, and BlockFi International Ltd., of Bermuda v. Emergent Fidelity Technologies Ltd, of Antigua & Barbuda,. and ED&F Man Capital Markets Inc., of New York, at the U.S. Bankruptcy Court for the District of New Jersey.

BlockFi International Ltd.: Search Report (Bermuda)

November 28, 2022

Search Report for BlockFi International Ltd., which continued to Bermuda from the Cayman Islands on January 21st, 2022, obtained from the Bermuda Registrar of Companies on November 28th, 2022.

Crypto lender BlockFi’s U.S. & Bermuda firms file for Chapter 11 bankruptcy

November 28, 2022

Eight entities in Delaware and one in Bermuda (formerly in the Cayman Islands) that comprise the BlockFi crypto lending and financial services group have filed for Chapter 11 bankruptcy protection in New Jersey.

BlockFi Inc. et al: Chapter 11 Petition (‘Crypto Lender’)

November 28, 2022

Chapter 11 Petition by crypto lending firms BlockFi Inc., BlockFi Wallet LLC, BlockFi Ventures LLC, BlockFi Trading LLC, BlockFi Services Inc., BlockFi Lending LLC, BlockFi Lending II LLC and BlockFi Investment Products LLC, all of Delaware, and BlockFi International Ltd., of Bermuda, at the U.S. Bankruptcy Court for the Southern District of New Jersey. In the proceedings, the group disclosed that "BlockFi Inc. has twelve wholly-owned subsidiary entities that are organized under the laws of Delaware, Bermuda, England and Wales, Cayman, and Singapore."

FTX Trading Ltd. et al: Affidavit Supporting Chapter 11 Petitions (‘Complete Absence of Trustworthy Financial Information’)

November 17, 2022

Affidavit of John J. Ray III, including statements that "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here" and "related party loans" were made to Sam Bankman-Fried, $1 billion; Nishad Aingh, $543 million, and Ryan Salame, $55 million, in support of Chapter 11 Petitions by 102 entities comprising the FTX crypto group, including those in Antigua and Barbuda, Australia, Bahamas, British Virgin Islands, Canada, Cayman Islands, Cyprus, Egypt, Germany, Ghana, Gibraltar, Hong Kong, India, Ireland, Japan, Kenya, Liechtenstein, Nigeria, Panama, Senegal, Seychelles, Singapore, South Africa, South Korea, Switzerland, Tanzania, Turkey, Uganda, United Arab Emirates, USA, and Vietnam, filed at the U.S. Bankruptcy Court for the District of Delaware.

Three Arrows Capital Ltd.: Search Report (British Virgin Islands)

June 29, 2022

Search Report for Three Arrows Capital Ltd., obtained from the British Virgin Islands Registry of Corporate Affairs on June 29th, 2022.

John Mangano v. BlockFi et al: Class Action Complaint

March 1, 2022

Class Action Complaint alleging the sale of unregistered securities in John Mangano v. BlockFi Inc., described as "a financial services company that generates revenue through cryptocurrency trading, lending, and borrowing, as well as engaging in proprietary trading"; BlockFi, BlockFi Trading LLC, and BlockFi Lending LLC at the U. S. District Court for the District of New Jersey.

BlockFi Lending LLC: $50M Fine

February 14, 2022

Administrative Order by the U. S. Securities and Exchange Commission that it has imposed a fine of $50 million on BlockFi Lending LLC, a New Jersey-based crypto lender, for regulatory breaches, including "material misrepresentation" and operating as "an Unregistered Investment Company".