Cryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse
November 29, 2022
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5:48Now PlayingCryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse
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as posted by the channelCryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed. Duke University professor Sultan Meghji, former chief innovation officer for the Federal Deposit Insurance Corporation, joins CBS News to discuss.
#news #crypto #ftx
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