Creditors of BlockFi have filed to liquidate the company’s estate, accusing CEO Zac Prince of ”fraud, dishonesty, incompetence or gross mismanagement” and delaying bankruptcy proceedings.
The creditors argue that BlockFi is prolonging the case to negotiate legal releases for senior management involved in loans made to FTX’s Alameda Research.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
Source: News Formal (newsformal.com)
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