Crypto lender BlockFi declares bankruptcy as FTX contagion spreads

Crypto lender BlockFi declares bankruptcy as FTX contagion spreads

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Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy as fallout from the collapse of crypto exchange FTX infects other companies in the industry. BlockFi claimed more than 100,000 creditors with liabilities ranging from $1 billion to $10 billion in a bankruptcy filing submitted Monday…

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