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Breaking News: BlockFi To File Chapter 11

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.

This Post Has 2 Comments

  1. Avatar photo

    Major Change is Coming and with Change all eventually comes good. These are the stages of change that will ultimately make huge progress for the way Forward. Xnews is Setting a New Standard also

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      Og Steven

      This is just the beginning, big things are approaching! Become part of a very strong community and team!

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