Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads

Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads

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BlockFi, a cryptocurrency lender that targeted ordinary investors eager for a piece of the crypto mania, filed for bankruptcy on Monday, felled by its financial ties to FTX, the embattled exchange whose recent downfall has shaken the crypto industry to its core. Based in Jersey City, N.J., BlockFi…

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