Breaking: BlockFi reportedly posts uncensored financials revealing $1.2 billion FTX exposure

1 week ago 12

The documents antecedently censored fiscal accusation relating to FTX and Alameda Research, but uncensored copies were released by mistake.

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 BlockFi reportedly posts uncensored financials revealing $1.2 cardinal  FTX exposure

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Bankrupt crypto lending steadfast BlockFi has reportedly uploaded financials by accident, revealing $1.2 cardinal successful assets tied up with bankrupt speech FTX and Alameda Research.

According to a Jan. 25 study from CNBC, the unredacted filings show that arsenic of Jan. 14, BlockFi had $415.9 cardinal worthy of assets linked to FTX, and a whopping $831.3 cardinal successful loans to Alameda.

The financials were leaked arsenic portion of a presumption enactment unneurotic by M3 Partners, who is an advisor to the creditor committee.

Related: BlockFi to merchantability $160M successful Bitcoin miner-backed loans: Report

The crypto lending steadfast filed for Chapter 11 Bankruptcy connected Nov. 28, weeks aft the illness of FTX.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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