BlockFi goes bankrupt, catching it from FTX

gwb-trading · Jan 25, 2023

Pekelo said:
They are dead, Jerry, dead.

https://tokenist.com/blockfi-announces-bankruptcy-as-ftx-contagion-spreads/

BlockFi, a company with heavy exposure to the now-bankrupt FTX, just announced it was also forced to file for bankruptcy.

The company halted withdrawals and limited activity on its website already last week and cited “FTX problems”.

On November 14th, BlockFi published an update in which the company denied that most of its assets were custodied at FTX, but stated withdrawals would remain paused and asked its customers not to make new deposits.

Earlier on November 15th, WSJ reported that some insiders said BlockFi was planning to file for bankruptcy.

BlockFi is the latest victim of the FTX collapse that unfolded rapidly between Tuesday and Friday last week.

More...

BlockFi Seems To Have Accidentally Revealed $1.2B Exposure To FTX, Alameda Research
https://www.benzinga.com/markets/cr...evealed-1-2b-exposure-to-ftx-alameda-research

gwb-trading · May 16, 2023

Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
https://news.bitcoin.com/blockfi-an...n-plan-after-failed-attempts-to-sell-company/

The_Krakenite · May 16, 2023

Good, they can add this info to their 'experience' section on the new resumes.

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BlockFi goes bankrupt, catching it from FTX

gwb-trading

gwb-trading

The_Krakenite