BlockFi Halts Withdrawals: Appears Insolvent as FTX Contagion Spreads

"Given the lack of clarity on the status of FTX.com, FTC US, and Alameda, we are not able to operate business as usual."

BlockFi Halts Withdrawals: Appears Insolvent as FTX Contagion Spreads
  • BlockFi bailed out FTX earlier this year. Current expectations point to both FTX and BlockFi going bankrupt.

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