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The Daily Hodl 2022-11-28 23:01:35

Crypto Lending Firm BlockFi Files for Chapter 11 Bankruptcy, Citing FTX Collapse

Crypto lending platform BlockFi is officially filing for bankruptcy after weeks of rumors surrounding the firm’s connections to FTX. Today, BlockFi announced its voluntary Chapter 11 filing, naming the collapse of FTX as the primary cause. “Today, BlockFi filed voluntary cases under Chapter 11 of the U.S. Bankruptcy Code… Maximizing value for all clients and The post Crypto Lending Firm BlockFi Files for Chapter 11 Bankruptcy, Citing FTX Collapse appeared first on The Daily Hodl .

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