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crypto

Crypto Lender BlockFi Files for Bankruptcy

By
Akash Pasricha
· · Source: The Information

Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection on Monday. It’s the latest domino to fall following the implosion of crypto exchange FTX. BlockFi froze customer withdrawals earlier in November, saying that it had significant exposure to FTX as well as the exchange’s trading arm, Alameda Research. Bankruptcy filings show that BlockFi’s top creditor is Ankura Trust...

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