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<ul><li>The crypto lending firm BlockFi has willingly filed for US bankruptcy under Chapter 11.</li><li>The firm will revise efforts to collect debts owing to BlockFi by its partners, eg FTX and its other entities.</li><li>BlockFi was unsure where the funding for a credit line and security for loans to Alameda had come from.</li></ul>BlockFi has announced voluntarily filing for Chapter 11 reorganization. The crypto lending firm has willingly filed a case in the US Bankruptcy Court for the District of New Jersey. BlockFi has listed FTX US as one of its top unsecured creditors, with a $275 million loan.<a href="https://coinedition.com/blockfi-files-for-chapter-11-bankruptcy-amid-ftx-collapse/" rel="noopener noreferrer nofollow">See original on CoinEdition</a>

BlockFi Files for Chapter 11 Bankruptcy Amid FTX Collapse

Coin Edition

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