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The Latest Breaking News from BlockFi

BlockFi Officially Files For Bankruptcy After FTX Crash

Cryptocurrency lender BlockFi filed for bankruptcy on Monday, making it the latest victim in the FTX collapse.

Investors Business Daily

Crypto lender BlockFi files for bankruptcy after FTX collapse

BlockFi announces Chapter 11 bankruptcy filing in US as fall of FTX continues to reverberate across industry

The Guardian - UK

BlockFi files for Chapter 11 bankruptcy protection

Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of FTX continues

The Independent UK

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Crypto Lender BlockFi Goes Bankrupt

The contagion of the fall of the FTX cryptocurrency exchange has begun.

The Street

BlockFi is latest company affected by FTX fallout, files Chapter 11 bankruptcy

The company says it has over 100,000 creditors.

Fortune

Crypto lender BlockFi files for Chapter 11 bankruptcy protection

The crypto lender is the latest casualty of FTX's contagion

Axios

FTX Collapse: Binance Stores $2 Billion to Save Struggling Firms

The world's largest cryptocurrency exchange and its founder Changpeng Zhao pose as saviors of the crypto industry.

The Street

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FTX's implosion raise questions about Genesis, Crypto.com, and Silvergate

BlockFi is likely the just first of some big dominoes to fall in the wake of the FTX collapse. Here are some others to watch.

Fortune

Why FTX Is Lehman Brothers of Crypto

The cryptocurrency exchange imploded within a few days, causing a financial earthquake whose consequences have yet to be determined.

The Street

Timeline of Cryptocurrency Exchange FTX's Epic Collapse

The FTX cryptocurrency exchange was valued at $32 billion in February. It imploded within days, causing one of the biggest financial fiascos of the decade.

The Street

“This is fraud:” Coinbase CFO says of FTX as more crypto fintechs get caught in contagion

Alesia Haas is trying to assure consumers that FTX was merely a bad actor and is not representative of the whole industry.

Fortune

Anthony Scaramucci, Former Trump Ally, Lost Money in FTX Collapse

The firm of Donald Trump's one-time communications director was bailed out by Sam Bankman-Fried.

The Street

Size, scope of FTX failure gets clearer as users fear worst

Just days after cryptocurrency’s third-largest exchange collapsed, the public is starting to get a feel of how messy FTX’s bankruptcy case could be

The Independent UK

FTX Collapse About to Claim First Huge Victim: BlockFi

The crypto lender, which had been bailed out by FTX, is reportedly preparing to file for bankruptcy.

The Street

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Axios

Crypto businesses brace for FTX aftershock

The knock-on effects of the exchange's unwinding are starting to show.

The Guardian - UK

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

Benzinga

What's Going To Happen To All The Companies FTX Bought?

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced

Fortune

The FTX debacle makes SEC Chair Gensler look bad—again

Gary Gensler missed the biggest crypto collapse to date. It’s a bad look for the SEC and by extension the Democrats.

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Benzinga

Amid Uncertainty Over FTX Collapse BlockFi Suspends Withdrawals, Juul Shelves Bankruptcy Preparations, Berkshire Hathaway Trims Holdings In Tesla Competitor: Top Stories Friday, Nov. 11

Reuters

The Guardian - UK

FTX assets frozen by Bahamas regulator as crypto exchange fights for survival

Founder Sam Bankman-Fried races to find funds to fill multibillion-dollar hole in exchange

Benzinga

Crypto's White Knight Needs A White Knight: Could The FTX/CZ Drama Be Sam Bankman-Fried's Fall From Grace?

FTX co-founder Sam Bankman-Fried was riding high for several years with his company rapidly growing market share in the cryptocurrency space. The increase in valuation for FTX helped Bankman-Fried’s wealth increase and also led to partnerships and deals with sports teams and athletes around the world.

The Street

The King of Cryptocurrency Finds Himself Without a Throne

Former trader Sam Bankman-Fried, 30, was still on top of the crypto world on Nov. 8 until 11:02 a.m. ET.

The Street

Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day

The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.

The Street

Crypto Is in Big Trouble Again

Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.

Benzinga

5 New Jersey Fintechs Aiming To Make Your Financial Life Easier

While San Francisco and New York City may be the fintech capitals of America, New Jersey is quickly on the rise. According to the website Billtrust.com, many fintech companies are making the exodus from the Big Apple to the Garden State.

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