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Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

The approval came from the U.S. Bankruptcy Court in New Jersey, which is overseeing BlockFi's case.

Updated May 9, 2023, 4:11 a.m. Published Mar 24, 2023, 5:39 p.m.
BlockFi, a bankrupt crypto lender that owns some mining rigs, is selling some of its machines. (Eliza Gkritsi/CoinDesk)
BlockFi, a bankrupt crypto lender that owns some mining rigs, is selling some of its machines. (Eliza Gkritsi/CoinDesk)