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Cryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse - Rich X Search Crypto
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Cryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed. Duke University professor Sultan Meghji, former chief innovation officer for the Federal Deposit Insurance Corporation, joins CBS News to discuss.

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14 thoughts on “Cryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse

  1. markivrimusic says:

    Regulate something by guaranteeing investors with taxpayer money if the entity is designed to obliterate wealth

  2. markivrimusic says:

    I bought Robin Hood stock but I choose not to use the platform to invest

  3. MrLivewire1970 says:

    Let's go Brandon!

  4. markivrimusic says:

    Crypto is designed to draw institutions and countries in and Wipeout accounts in one transaction and I don't know how people can't see that

  5. Kickin' It Martial Arts says:

    Who is having issues with customer service on CC? Total on amount is wrong and deserve sucks

  6. B says:

    crypto is a joke & a half

  7. yvonne says:

    bitcon is a air money when lemens went bankrup the stock market stayed open because the fed was ther and ther no country backing bitcon this should have been under watch list bankrupse.when the soviet union out of money and china out of money and you still think bitcoin is a good investment happen to not have my cash with you wow

  8. Juan H.r says:

    Crypto is like trusting gamers with your 401kπŸ˜‚

  9. π—£π—”π—¦πŸ―πŸ².𝗙𝗨𝗑 says:

    πŸ‘† – MY PRIVATE PHOTO HERE πŸ”₯βœ…x😜

  10. James Laupan says:

    β€œA fool and their money are soon parted” I hope it all crashes.

  11. Alex Dolgov says:

    My greatest happiness is the $ 28,000 biweekly profit I get consistently from my $7,200 investment despite the economic downturn

  12. Make Racists Afraid Again says:

    I never expected reasonable people to invest in crypto.

  13. Konstantinos Saltouros says:

    bitrue bitly kraken uphold coinbase atomic wallet these are all really good apps sites and crypto stuffz gonna build a space shipz and gtfoz

  14. Genesis G70 says:

    You invest in air, you get air!
    I always felt that it was and still is a ponzi scheme.
    I do pray that the small investors don't lose everything!

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