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BlockFi
First Mover Americas: FTX Fallout Reverberates Across Crypto-Land
The latest price moves in crypto markets in context for Nov. 16, 2022.
Levels to Watch for Bitcoin as FTX Fallout Continues
Amberdata Director of Derivatives Greg Magadini discusses his bitcoin analysis and outlook amid the stunning collapse of crypto exchange FTX and its former CEO Sam Bankman-Fried. Plus, reactions to BlockFi reportedly preparing for possible bankruptcy, and Japanese crypto exchange Liquid Global halting withdrawals.
BlockFi Reportedly Prepares for Possible Bankruptcy Filing; Bahamian Supreme Court Approves Liquidators for FTX Assets
Crypto lender BlockFi is reportedly preparing a potential bankruptcy filing because of its "significant exposure" to bankrupt crypto exchange FTX. FTX could have more than 1 million creditors and has been in contact with “dozens” of regulators around the world. The Supreme Court of the Bahamas has approved two insolvency experts at PwC as provisional liquidators overseeing FTX's assets.
Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ
The company had previously suspended withdrawals in wake of the collapse of crypto exchange FTX last week.
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
The company denied rumors that a majority of its assets are custodied at collapsed crypto exchange FTX.
California Finance Regulator Revokes BlockFi's Lending License
FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.
Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse
BlockFi had made a deal with FTX earlier this year.
3 Senior Executives Reportedly Leaving Crypto Lender BlockFi
Three senior executives are said to be leaving embattled crypto lender BlockFi as the firm irons out a deal to be acquired by FTX.US, the U.S. division of the crypto exchange owned by billionaire Sam Bankman-Fried. "The Hash" team discusses what this means for the fate of BlockFi and its customers.
3 Senior Executives Jump From Crypto Lender BlockFi: Sources
The firm is being bought by Sam Bankman-Fried's crypto exchange FTX.
