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âś…#FTXscandal is sending shockwaves through crypto sector.

What is the long-term effects of #FTX's #bankruptcyâť“ Will the domino effect happenâť“

🤮Let's explore firms with exposure to #FTX's fall

Threat🧵👇 Image
1/ #BlockFi - the world’s largest crypto lenders files for bankruptcy.

BlockFi had a $600M+ loan to FTX/Alameda and SBF was unable to repay. Image
2/ Crypto lender @SALTLending halts withdrawals citing #FTXScandal impact

CEO of SALT said that "the collapse of #FTX has impacted our business." However, the full extent of the exposure was not disclosed

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