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BlockFi Files for Bankruptcy as Most current Crypto Casualty

by souhaib
November 28, 2022
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BlockFi Files for Bankruptcy as Most current Crypto Casualty

Cryptocurrency loan provider BlockFi Inc. filed for bankruptcy Monday, producing it the most current big electronic belongings enterprise to are unsuccessful considering the fact that FTX, with which BlockFi is fiscally intertwined. 

BlockFi was started in 2017 by Zac Prince and Flori Marquez. The company lends cash to buyers working with their cryptocurrency assets as collateral.

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BlockFi Files for Bankruptcy as Most current Crypto Casualty

Cryptocurrency loan provider BlockFi Inc. filed for bankruptcy Monday, producing it the most current big electronic belongings enterprise to are unsuccessful considering the fact that FTX, with which BlockFi is fiscally intertwined. 

BlockFi was started in 2017 by Zac Prince and Flori Marquez. The company lends cash to buyers working with their cryptocurrency assets as collateral.

Tags: BankingBanking/CreditBankruptcyC&E Industry News FilterContent TypescorporateCorporate ActionsCorporate Financial DifficultyCorporate/Industrial NewscreditCryptocurrenciesFactiva FiltersFinancial ServicesFinancial TechnologyFlori Marquezftxindustrial newsPROsyndTechnologyVirtual CurrenciesVirtual Currencies/CryptocurrenciesWSJ-PRO-DEBTWSJ-PRO-WSJ.comZac Prince
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