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Bitcoinist

2022-11-28 16:08:17

BlockFi Files For Chapter 11 Bankruptcy, Why Is The SEC Listed As A Creditor?

BlockFi Files For Chapter 11 Bankruptcy, Why Is The SEC Listed As A Creditor?

Crypto lending company BlockFi filed for chapter 11 bankruptcy protection in the U.S., District of New Jersey. Earlier this year, the Company was impacted by the collapse of the Three Arrows Capital (3AC) hedge fund. A credit line provided by exchange FTX allowed to continue operations, but only for a short time. Related Reading: Genesis

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