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The collapse of cryptocurrencies continues to require victims, after FTX declared bankruptcy, another exchange of these currencies follows in its footsteps.
Near BlockFiewho has filed for Chapter 11 Bankruptcy. USA.
This statement BlockFie ensures that it aims to “stabilize the business and maximize value for customers and stakeholders.”
The fall BlockFie It has a lot to do with the company. Sam Bankman-Fried (aka SBF). BlockFie guarantees that it will seek to recover “all liabilities of its counterparties, including FTH”.
BlockFie was “saved” in the middle of the year Forex, with a loan of 400 million dollars, but the company’s accounts are not clear, especially for processing SBF which also led to bankruptcy Forex, are losing billions of dollars from their customers.
BlockFie He keeps his activities on pause so that his clients cannot withdraw money.
exchange secure cryptocurrency, which has $256.9 million in cash that it estimates will serve to provide liquidity to achieve its restructuring.
Reducing domestic spending, i.e. layoffs, is part of the savings plan. BlockFi.
Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.