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BlockFi pauses withdrawals and asks users not to deposit to its wallet or interest accounts, saying it can't operate normally amid a “lack of clarity” about FTX

Nikhilesh De / CoinDesk :

CoinDesk Nikhilesh De

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Discussion

  • @blockfi @blockfi on x
    https://twitter.com/...
  • @founderflori Flori Marquez on x
    2) @BlockFi is an independent business entity. We have a $400MM line of credit from https://ftx.us/ (not https://ftx.com/) and will remain an independent entity until at least July 2023.
  • @autismcapital @autismcapital on x
    People claiming BlockFi had nearly 100% of their customers assets custodied on FTX.
  • @cole0x Cole on x
    Hearing from several founders (privately) that their treasuries are wiped The contagion is only just starting