Crypto firm BlockFi files for bankruptcy after FTX collapse

The collapse of FTX had already forced BlockFi to suspend most activity on its platform. …

“From inception, BlockFi has worked to positively shape the cryptocurrency industry and advance the sector. BlockFi looks forward to a transparent process that achieves the best outcome for all clients and other stakeholders,” said Mark Renzi of Berkeley Research Group, the company’s financial advisor.

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