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BLOCKFI BANKRUPTCY UPDATE - WHEN WILL YOU GET YOUR COINS BACK?
Manage episode 349434196 series 2442796
Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
BlockFi filed for Ch 11 Bankruptcy in NJ on Cyber Monday, after halting withdrawals on November 10. The SEC and various state regulators put a real damper on their business when it was sued for $100 million, and forced to shut down its interest accounts in the US. BlockFi nearly went bankrupt in July, and FTX swooped in and offered a $400 million line of credit, and an offer to buy the Company for up to $240m.
31 episodes
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Manage episode 349434196 series 2442796
Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
BlockFi filed for Ch 11 Bankruptcy in NJ on Cyber Monday, after halting withdrawals on November 10. The SEC and various state regulators put a real damper on their business when it was sued for $100 million, and forced to shut down its interest accounts in the US. BlockFi nearly went bankrupt in July, and FTX swooped in and offered a $400 million line of credit, and an offer to buy the Company for up to $240m.
31 episodes
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Similar to HODLCast
A podcast about web design and development.
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…
continue reading
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