Another One: Crypto Lender BlockFi Files for Bankruptcy as FTX Contagion Spreads By DailyCoin
Crypto lender BlockFi announced on Monday it has filed for voluntary Chapter 11 bankruptcy in an effort to restructure, days after halting all operations amid the fallout from FTX’s demise. Bankruptcy filings show that BlockFi has about $257 million in cash on hand, which is expected to be enough…
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