BlockFi Announces Limitation of Customer Activity

BlockFi, a US-based cryptocurrency lending and interest lending platform, announced that they are limiting customer activity and suspending withdrawals on the platform.

BlockFi announced this decision in a letter posted on its social media site late on Thursday. "Like the rest of the world, we learned about this situation via Twitter. We are shocked and horrified by the news about FTX and Alameda..." the post read.