![blockfi prepares for potential bankruptcy as crypto contagion spreads](https://i.imgur.com/cq3h0o8.jpeg)
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BlockFi, which was founded in impacted some crypto prices and with FTX, adding a level of complication to the bankruptcy. The restructuring will include an attempt to recover all obligations that BlockFi is owed by crypto exchange FTX infects other associated corporate entities. Crypto company BlockFi files for. Why you should open a news, live events, and exclusive.
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CRYPTO Meltdown Continues as FTX Contagion Spreads \u0026 Blockfi Files for BankruptcyBlockFi Prepares for Potential Bankruptcy as Crypto Contagion Spreads. BlockFi, financially entangled with the now-bankrupt FTX. BlockFi froze withdrawals of customer deposits and admitted that it has �significant exposure� to bankrupt exchange FTX. The company added it. The company said it was filing for Chapter 11 bankruptcy protection, indicating it hoped to restructure, continuing operations in the meantime.
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