Bitcoin Magazine Head of Market Research Dylan LeClair Reacts to BlockFi’s Bankruptcy Filing on “Making Money”. Contagion fears in cryptocurrency markets continue to grow after BlockFi filed for bankruptcy on Monday due to the company’s financial ties to failed crypto exchange FTX. He now says he owes over 100,000 creditors between $1 billion and $10 …
FTX Crypto Contagion Continues After BlockFi Bankruptcy Read More »
Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy, it said on Monday, the latest crypto casualty after the exchange’s dramatic collapse FTX earlier this month. The New Jersey court filing comes …
Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads Read More »
BlockFi, a cryptocurrency lender that targeted mainstream investors hungry for a piece of the crypto mania, filed for bankruptcy on Monday, battered by its financial ties to FTX, the beleaguered exchange whose recent slump has rattled the market. crypto industry at its heart. Based in Jersey City, NJ, BlockFi primarily marketed itself to retail investors, …
Crypto Lender BlockFi Files For Bankruptcy As FTX Fallout Spreads Read More »
