Windsor Drake
Regulatory · Crypto / Digital Assets · 2022

BlockFi files Chapter 11 bankruptcy citing FTX exposure

BlockFi issued Chapter 11 bankruptcy filing on November 28, 2022.

Primary
BlockFi
Structure
Chapter 11 bankruptcy filing
Date
November 28, 2022
Sub-sector
Crypto / Digital Assets

Major crypto lender bankruptcy exposes systemic contagion risk and capital adequacy gaps in unregulated lending platforms.

Primary company
BlockFi
Counterparty
Not disclosed
Amount
Not disclosed
Event date
November 28, 2022
Sub-sector
Crypto / Digital Assets
HQ
Not disclosed
Structure
Chapter 11 bankruptcy filing
Source published
November 29, 2022
Publisher
AsiaOne

Source: asiaone.com

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