Bankrupt crypto lender BlockFi has lost more than $1 billion in the FTX and Alameda process, according to financial data it accidentally uploaded.
BlockFi, which shared its financial data, came to the fore because of a lean version that it accidentally shared. The company released financial data without any corrections. This situation, which was immediately corrected, also brought up question marks. According to leaked financial data, BlockFi has $1.2 billion in assets linked to FTX and Alameda.
BlockFi Is In Trouble With $1.2 Billion According To Its Financial Data
Bankrupt crypto startup BlockFi continues to have troubled days with the bankruptcy process. BlockFi, which went bankrupt with the FTX collapse, filed for Chapter 11.
The balance shown in the BlockFi filing includes $415 million in assets tied to the FTX company and $831 million in assets given to Alameda. These amounts dragged BlockFi into troubled days, with the collapse of FTX and Sam Bankman-Fried entering legal proceedings.
The company’s lawyers previously stated that its assets exposed to FTX amounted to $671 million. In the leaked financial data, the situation appeared as $ 1.2 billion. The reason for this was the rise of the cryptocurrency market and the assets being crypto.
41261
