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Crypto firm BlockFi files for bankruptcy as FTX fallout spreads

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gdale6
Moderator Emeritus

Crypto firm BlockFi files for bankruptcy as FTX fallout spreads

  • Crypto firm BlockFi filed for Chapter 11 bankruptcy protection in the wake of FTX’s bankruptcy.
  • It’s the latest in a series of crypto bankruptcies, following FTX, Voyager and Celsius.

https://www.cnbc.com/2022/11/28/blockfi-files-for-bankruptcy-as-ftx-fallout-spreads.html

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Anonymalous
Valued Contributor

Re: Crypto firm BlockFi files for bankruptcy as FTX fallout spreads

Block Fi? They're one of the crypto credit card issuers aren't they? To answer my own question: Yes. And their credit card page is 404ing:

https://blockfi.com/credit-card?variant=credit-card

 

There's a thread in Credit Cards that started talking about the cards being suspended on the 11th, but covers later developments like potential bidders for Block Fi's CC accounts:

https://ficoforums.myfico.com/t5/Credit-Cards/BlockFi-Suspends-Purchasing-Privileges-Effective-11-11...

https://cointelegraph.com/news/payments-company-curve-bids-for-blockfi-s-87-000-credit-card-customer...

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