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Major cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection along with eight affiliates, it said on Monday, the latest crypto casualty to follow the spectacular collapse of the

FTX was supposed to be BlockFi’s savior, not their undoing, but BlockFi’s Chapter 11 filing stretches back to spring 2022, beginning and ending with FTX.

We will continue to investigate whether other crypto-interest account providers are offering securities that legally should be registered or violating other laws under our jurisdiction.

The Minnesota Department of Commerce issued a 'Consumer Alert' on Monday cautioning potential investors interested in crypto-interest accounts after the recent bankruptcy filing by the giant cryptocurrency exchange, FTX.

FTX was supposed to be BlockFi’s savior, not their undoing, but BlockFi’s Chapter 11 filing stretches back to spring 2022, beginning and ending with FTX.

The collapse of FTX had already forced BlockFi to suspend most activity on its platform.

FTX was supposed to be BlockFi’s savior, not their undoing, but BlockFi’s Chapter 11 filing stretches back to spring 2022, beginning and ending with FTX.

The fourth crypto company to seek bankruptcy this year, BlockFi lists more than 100,000 creditors and had received a bailout from FTX.

BlockFi filed for bankruptcy, the latest crypto firm to collapse in the wake of the crypto exchange FTX's rapid downfall. 

FTX was listed as the crypto lender’s second-largest creditor in the court filing that also reveals it owes the SEC $US30 million.