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Market Cap:
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Cryptopolitan
2022-11-29 04:20:32

BlockFi files for bankruptcy: The FTX scandal continues to cripple crypto

BlockFi files for bankruptcy: The FTX scandal continues to cripple crypto

Major crypto lending and staking platform BlockFi officially filed for bankruptcy on Monday. BlockFi becomes the latest causality of the financial turmoil caused by Sam Bankman-Fried’s FTX scandal. The company was one of the many affiliates of FTX and Alameda. In fact, Alameda was the sister hedge fund for BlockFi. Earlier this month the platform … BlockFi files for bankruptcy: The FTX scandal continues to cripple crypto Read More »

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