Troubled crypto lending and staking platform BlockFi, which was on the verge of bankruptcy but survived with the support of FTX and Alameda Research, suspended withdrawals after the FTX collapse.
BlockFi, twitter on its platform until we get more clarity on the collapse of FTX. withdrawals are suspended. announced. Just 2 days before this alarming statement by BlockFi, the co-founder of the company Flori Marquez that everything is under control and that all activities continue in a healthy way. had announced.
In the statement made by the company on the subject, the following statements were included:
We were shocked and appalled by the news about FTX and Alameda. Until the FTX case is clear, we will restrict users’ withdrawals “as permitted in our terms”. We will share more details as soon as possible. We plan to communicate as often as possible, but we anticipate that this will happen less frequently than our customers and other stakeholders are used to.
The company, which could not give a clear date for when the said service restriction would be resolved, caused concerns. FTX, Alameda and BlockFi There is a long-standing financial relationship between them. Earlier in July, BlockFi CEO Zac Prince announced on his official Twitter account that BlockFi’s cryptocurrency exchange FTX A $680 million deal announced that he did.