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BlockFi Prepares for Potential Bankruptcy as Crypto Contagion Spreads
BlockFi, financially entangled with the now-bankrupt FTX, is planning to lay off workers and exploring a bankruptcy filing itself, people familiar say

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A bankruptcy filing would make Jersey City, N.J.-based BlockFi the latest casualty of the sudden collapse of Sam Bankman-Fried’s crypto empire, which comprises FTX, FTX US, trading firm Alameda Research and others.
Photo: Jakub Porzycki/Zuma Press






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