Collapse · November 28, 2022
BlockFi files for Chapter 11 bankruptcy
Price at event
$16,207
Today
$73,594
Since then
×4.5
On November 28, 2022, crypto lender BlockFi filed for Chapter 11 bankruptcy in New Jersey, blaming the "unprecedented, expedited collapse" of FTX — which happened to be both its would-be acquirer and its second-largest creditor, owed $275 million. The filing listed over 100,000 creditors and liabilities of $1 billion to $10 billion, neatly extending the chain of 2022 crypto-lender failures that had already swallowed Celsius and Voyager.
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