FTX implosion claims another crypto victim ...News

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FTX implosion claims another crypto victim
BlockFi has become the latest casualty following the collapse of the major cryptocurrency exchange Leading cryptocurrency lender and financial services firm BlockFi filed for Chapter 11 bankruptcy protection on Monday, becoming the latest company in the industry affected by the collapse of major crypto exchange FTX. In the filing with the US Bankruptcy Court for the District of New Jersey, the company said it had more than 100,000 creditors, with liabilities and assets ranging from $1 billion to $10 billion. “BlockFi looks forward to a transparent process that achieves the best outcome for all clients and other s

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