Results 1 to 2 of 2

Thread: Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads

  1. #1

    Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads

    Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads

    BlockFi was entangled with FTX, and its stability was thrust into uncertainty after FTX collapsed.

    NY Times
    Nov. 28, 2022


    Crypto lender BlockFi files for bankruptcy in New Jersey

    Reuters
    Nov. 28, 2022


    Major cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection along with eight affiliates, it said on Monday, the latest crypto casualty to follow the spectacular collapse of the FTX exchange earlier this month.

    The filing in a New Jersey court comes as crypto prices plummet, with bitcoin down more than 70% from a 2021 peak.

    New Jersey-based BlockFi had links with FTX, which filed for protection in the United States earlier in November after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal.
    ...
    The John Birch Society is a grassroots education and action organization to return the Republic to the principles found in the Declaration of Independence and the Constitution. -- Join the Fight!

    Boycott Youtube! Create a Rumble Account.



  2. Remove this section of ads by registering.
  3. #2



Similar Threads

  1. FTX Files For Bankruptcy
    By osan in forum Economy & Markets
    Replies: 3
    Last Post: 11-12-2022, 10:31 AM
  2. Bankruptcy fallout: Toys R Us closing up to 182 stores
    By katsung47 in forum Economy & Markets
    Replies: 4
    Last Post: 01-17-2021, 03:08 PM
  3. NRA files for bankruptcy
    By Matt Collins in forum U.S. Political News
    Replies: 6
    Last Post: 01-16-2021, 08:30 AM
  4. Bankruptcy talk spreads among Calif. muni officials
    By bobbyw24 in forum Economy & Markets
    Replies: 1
    Last Post: 05-30-2010, 07:52 PM
  5. Replies: 1
    Last Post: 04-30-2009, 07:42 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •