BlockFi Pausing Withdrawals in Wake of FTX, Alameda Collapse

[Google News Bot]

The collapse of FTX continues to reverberate from coast to coast, with New Jersey-based exchange BlockFi—bailed out by FTX in June—notifying customers that it will be “limiting platform activity,” and California state regulators announcing a probe. “We, like the rest of the world, found out about this situation through Twitter,” BlockFi wrote in a letter posted to the social media site late Thursday. “We are shocked and dismayed by the news regarding FTX and Alameda.” BlockFi says that given the lack of clarity on the status of FTX, FTX US, and Alameda, “we are not a ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.