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NewsBlockFi's Estimated Assets and Estimated Liabilities Both Between $1 Billion and $10 Billion

BlockFi's Estimated Assets and Estimated Liabilities Both Between $1 Billion and $10 Billion

Nov 28,2022,16:32

According to BlockFi's bankruptcy petition, the number of its estimated creditors exceeds 100,000, with estimated assets and estimated liabilities ranging from $1 billion to $10 billion.

In addition, the petition discloses several major creditors. The biggest is Ankura Trust Company, LLC, which the petition says has an unsecured claim worth roughly $729 million. The next named creditors are FTX US and the Securities and Exchange Commission, which have unsecured claims of $275 million and $30 million, respectively.

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