BlockFi Management Hasn’t Withdrawn any Crypto Since October, Lawyers Tell Court

Crypto Money-Laundering Bill on the Table

Sussberg said the company plans to file its assets and liabilities, along with a statement of financial affairs (SOFA) on Jan. 11, which the BlockFi later confirmed via its Twitter account. Shortly after the first hearing in November last year, the company also kicked off a sale process and has reached out to “106 domestic and international potential buyers for some or all of the business,” Sussberg’s presentation said. The company also plans to ask for court approval of bidding procedures at a Jan. 30 hearing.

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