BlockFi Bankruptcy Hijacks More Customer Cash
The troubled lender filed for bankruptcy on Monday, the latest worry for users of the platform.
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The bad news just keeps coming for retail traders with money on crypto platforms.
In the wake of FTX’s rapid downfall, BlockFi Inc. became the latest crypto lender to file for bankruptcy on Monday. The New Jersey-based company had warned customers more than two weeks ago it would halt withdrawals, and now traders have to wait out the bankruptcy process to see if they can get any of their money back.