BlockFi is one of the crypto lending platforms that was affected by the domino effect of the FTX exchange implosion. Indeed, the platform is facing Chapter 11 bankruptcy.
BlockFi’s bankruptcy occurred in late November, suspending all operations when FTX collapsed following a liquidity crisis and allegations of misuse of FTX customers’ funds, perpetrated by the cryptocurrency exchange run by Sam Bankman-Fried.
Now, the lending platform BlockFi is suing FTX founder Sam Bankman Fried to repossess shares in the trading platform Robinhood, which were pledged as collateral in early November, just days before the collapse of FTX
BlockFi and the lawsuit against SBF
BlockFi was one of the first companies to go bankrupt in the wake of FTX, the shockwave of Sam Bankman Fried’s exchange platform forced BlockFi into bankruptcy, officially filing for Chapter 11 with the United States Bankruptcy.
Chapter 11 invoked by BlockFi, unlike FTX, allows the lending company to avoid total liquidati
We współpracy z: https://en.cryptonomist.ch/2022/12/28/blockfi-sues-sam-bankman-fried-580-million/
