© Reuters.
Crypto lender BlockFi has had a very tumultuous 12 months. After being caught in a fiasco, which resulted in one of the most prolific asset death spirals of all time, the company managed to avoid bankruptcy after receiving a $400 million bailout in July 2022. Problem? His lender was FTX US, i we all know what happened next.
While BlockFi tried to distance itself from the Sam Bankman-Fried scam after the FTX collapse, its secret financials tell a different story.
Latest: BlockFi uncensored financials reportedly show $1.2B FTX exposure
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