The Daily Hodl
2023-01-26 17:55:58

Bankrupt Crypto Lender BlockFi Had Secret $1,200,000,000 Relationship With FTX and Alameda: Report

A new report finds that bankrupt crypto lender BlockFi had more financial interest in Sam Bankman-Fried’s FTX and Alameda Research than originally believed. During BlockFi’s first bankruptcy hearing in November, lawyers for the beleaguered company said that the firm has $355 million worth of crypto assets on the FTX exchange and $671 million in loan The post Bankrupt Crypto Lender BlockFi Had Secret $1,200,000,000 Relationship With FTX and Alameda: Report appeared first on The Daily Hodl .

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