BlockFi has officially filed for chapter 11 bankruptcy amid the contagion precipitated by the FTX implosion. Cryptocurrency lender and prominent exchange platform BlockFi has just filed for Chapter 11 bankruptcy as the contagion from the FTX collapse spreads further. Information from the bankruptcy proceedings reveals that the crypto lender decides to restructure its operational
The post BlockFi Files For Bankruptcy, Liabilities Range From $1B to $10B first appeared on The Crypto Basic.