Showing posts with label blockfi bankrupcy. Show all posts
Showing posts with label blockfi bankrupcy. Show all posts

BlockFi CEO Accused Of Ignoring Risk-Management Team's Warnings That They Were Over-Exposed to FTX's FTT Token...


|A document submitted late Thursday on behalf of previous customers of BlockFi, a crypto lending firm that filed for bankruptcy last year, accuses CEO Zac Prince of ignoring from his own risk-management team's warnings about the company's overexposure to FTX and its FTT token.

The dramatic collapse of the FTT token ended up taking both companies. 

Video Courtesy of Forbes