Crypto lending and staking platform BlockFi, which temporarily stopped withdrawals due to exposure to the company after the FTX bankruptcy, is preparing for a possible bankruptcy filing.
The Wall Street Journal (WSJ) November 15 According to the news dated BlockFi, after stopping withdrawals of customer deposits filing for a possible bankruptcy getting ready to be found. Recently, the platform has been using the platform to evaluate options. enough liquidity owner had declared.
According to information received from sources close to the subject, BlockFi Chapter 11 It plans to lay off some of its employees as it prepares for its application. In a statement released on November 14, BlockFi claimed that the majority of the company’s assets are stored in FTX. denied however, he acknowledged that the company was heavily exposed to FTX.
Binance CEO, who recently spoke about the bankruptcy of FTX at a conference in Indonesia Changpeng ZhaoThe effects of FTX’s bankruptcy step by step He also stated that companies that have close commercial relations with FTX will be negatively affected by this situation.