Nov 28, 2022

BlockFi Files for Chapter 11 Bankruptcy Protection as FTX Contagion Spreads

BlockFi, one of the largest cryptocurrency lenders in the industry, filed for Chapter 11 bankruptcy protection, according to a statement on Nov. 28. The company acknowledged that it had "significant exposure" to FTX and founder and former CEO Sam Bankman-Fried's subsidiaries. This, ...