Summary: Crypto lender BlockFi declared bankruptcy on Monday after exposure to FTX. The company had some 100,000 creditors and around $256 million in cash when chapter 11 was filed. FTX backed the lender with a $250 million loan following Three Arrows Capital exposure. Cryptocurrency lender BlockFi filed for chapter 11 bankruptcy on Monday following exposure to troubled crypto exchange FTX, the exchange founded by Sam Bankman-Fried. BlockFi held $256.9 million in cash when it filed for bankruptcy. The company also
