BlockFi, which is financially intertwined with FTX, the global crypto asset platform that announced its bankruptcy, is considering laying off its employees and filing for bankruptcy, according to the Wall Street Journal.
BlockFi, the US-based cryptocurrency lending and interest lending platform, announced that it ceased platform operations after FTX announced its bankruptcy. BlockFi had used the following statements on the subject in the post on its Twitter account: "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..."
