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FTX Collapse Claims Yet Another Victim As BlockFi Files For Bankruptcy

FTX Collapse Claims Yet Another Victim As BlockFi Files For Bankruptcy

BlockFi, one of the biggest crypto lenders, filed for bankruptcy late last night. As per its chapter 11 bankruptcy protection petition, the company has up to 10 billion dollars in liabilities and had exposure to Terra Luna, Celsius, 3AC as well as the FTX crash. BTTV’s correspondent Aakanksha Chaturvedi explains.