Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads
Source: Reuters
Filing follows weeks after FTX collapseFTX listed as BlockFi’s No.2 creditorBitcoin down over 70% from 2021 peakNov 28 (Reuters) - Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty following the spectacular collapse of the FTX exchange earlier this month.The filing in a New Jersey court comes as crypto prices plummet. The price of bitcoin ,…
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