FTX Collapse About To Claim Its First Victim: BlockFi May File For Bankruptcy
As part of exploring other possibilities moving forward, BlockFi had discussions with Binance about financial help, according to a report.
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As part of exploring other possibilities moving forward, BlockFi had discussions with Binance about financial help, according to a report.
The lawsuit alleges that FTX used some of the biggest sports stars in the nation "to drive consumers to invest in what was ultimately a Ponzi scheme."
"I think the industry collectively has a role to protect consumers, to protect everybody. So it's not just regulators. Regulators have a role, but it's not 100% their responsibility," CZ said at the
The two sports legends and the businessman are defendants in a lawsuit against the FTX cryptocurrency exchange.
The founder and former CEO of cryptocurrency exchange FTX has taken to Twitter to explain why the collapse occurred and his plan to 'restart.'