financial performance and reporting

BlockFi Files For Bankruptcy As FTX Contagion Grips Crypto Markets |  CNN Business

BlockFi Files For Bankruptcy As FTX Contagion Grips Crypto Markets | CNN Business

New York CNN Business — Crypto lender BlockFi filed for bankruptcy on Monday, becoming the latest victim of the financial contagion triggered by the collapse of Sam Bankman-Fried’s empire. BlockFi announced earlier this month that it had halted withdrawals, citing “significant exposure” to Bankman-Fried’s FTX exchange, as well as its sister hedge fund Alameda. FTX, …

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Customers Who Trusted Crypto Giant FTX Could Be Left With Nothing |  CNN Business

Customers Who Trusted Crypto Giant FTX Could Be Left With Nothing | CNN Business

New York CNN Business — As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can’t access their money expect to get back from FTX, the crypto exchange which filed for bankruptcy last week. The answer, according to legal experts, could …

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Crypto Is In Chaos As FTX Is On The Verge Of Bankruptcy |  CNN Business

Crypto Is In Chaos As FTX Is On The Verge Of Bankruptcy | CNN Business

New York CNN Business — In less than a week, a 30-year-old entrepreneur once hailed as a modern-day JP Morgan saw his digital empire, including billions of his own fortune, evaporate in a deathly spiral that shook the foundations of the trillion dollar crypto industry. . On Thursday, Sam Bankman-Fried posted a mea culpa: “I …

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