BlockFi istražuje bankrot kao odgovor na FTX Fallout: Izvještaj

BlockFi is looking for answers to its liquidity troubles caused by its heavy exposure to FTX – and bankruptcy is reportedly on the table. 

• The crypto lending firm is already preparing a potential bankruptcy filing, people familiar with the matter told the Wall Street Journal. It’s also reportedly planning to lay off workers – a common practice for crypto firms during the 2022 bear market. 
• BlockFi already paused customer withdrawals and limited activity last week, navodeći the uncertainty around FTX’s financial situation. 
• Just one day later, FTX, FTX US, and Alameda Research podnesen za stečaj. The once top-tier crypto exchange reportedly faces an Nedostatak od 8 milijarde dolara in customer deposits. 
• BlockFi already faced liquidity trouble in June as contagion spread from the collapse of Terra and its algorithmic stablecoin, UST, in May. Two other crypto lenders – Celsius and Voyager – filed for bankruptcy at the time. 
• A company spokesperson told CryptoPotato that there’s nothing official yet but that the contagion from the FTX fallout is real.
• blok fi primljen a $250 million revolving credit facility with FTX in June to help it navigate those financial issues. In July, BlockFi’s CEO asked not to be u poređenju to Celsius or Voyager, since those firms were frozen and bankrupt, while BlockFi was neither. 
• The lender provided a izjava on Monday saying that it still had the necessary liquidity to “explore all options” to help restore funds for customers. 
• Other exchanges and lenders are also freezing withdrawals following FTX’s collapse, including Liquid Global. Other firms including Huobi i Ikigai now have millions of dollars in assets trapped within the insolvent exchange. 
• Former FTX CEO Sam Bankman-Fried reportedly tražen additional funding from investors over the weekend.