Crypto Lending Firm BlockFi Files for Chapter 11 Bankruptcy, Citing FTX Collapse

Crypto Lending Firm BlockFi Files for Chapter 11 Bankruptcy, Citing FTX Collapse

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Crypto lending platform BlockFi is officially filing for bankruptcy after weeks of rumors surrounding the firm’s connections to FTX. Today, BlockFi announced its voluntary Chapter 11 filing, naming the collapse of FTX as the primary cause. “Today, BlockFi filed voluntary cases under Chapter 11 of…

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