Breaking news incoming this morning as another victim is claimed from the fall-out of FTX exchange.
The crypto lender BlockFi has released this morning that they will be filing for Chapter 11 bankruptcy protection later in the day, per a source within BlockFi. BlockFi has listed assets in the amount of 1 to 10 billion dollars on early court paperwork being released.
This was a move that has been anticipated by the crypto community and Xnews will be here to provide the most up to date information as it is verified.
This is a breaking story and will be updated with more details shortly.