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CoinGape

2022-11-15 18:48:26

Breaking: BlockFi Preps For Potential Bankruptcy After FTX Collapse

Breaking: BlockFi Preps For Potential Bankruptcy After FTX Collapse

BlockFi yesterday acknowledged considerable exposure in the form of not just assets on the exchange but also additional obligations owed by FTX, especially an undrawn line of credit from FTX, despite refuting rumors earlier that the majority of its assets were stored in FTX exchange. Crypto Contagion Spreads After FTX Collapse BlockFi Inc. is now The post Breaking: BlockFi Preps For Potential Bankruptcy After FTX Collapse appeared first on CoinGape .

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