They paused all withdrawals…
Glad I withdrew two days ago…
Blockfi is in a bad spot. I think this will take a while to unwind.
Looks like they have also suspended credit card transactions.
Probably a lot of other smaller exchanges are going to be impacted by FTX fall. FTX had tentacles in a lot of things….
Bankman-Fried is another thief that destroys lives but isn’t held responsible, like so many of his ilk, and I am glad I never put anything at risk on FTX–that guy always came across as a scheister
I liquidated everything I had on BlockFi at the first hint of a reduction of benefits and now that dumpster fire is unraveling.
All I have to say not your keys not your coin use a hard wallet
This is going to be an interesting unraveling. Blockfi had a line of credit and was under acquisition. I would assume they could be acquired (or file bankruptcy) independently of the FTX bankruptcy, but the real question is how much of the Blockfi assets are/were on FTX.