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@onchainanalystt
On-Chain Analyst | Whale Hunter 🤓| BE EARLY, BELIEVE NOTHING 🍝
Nov 13, 2022 • 10 tweets • 8 min read
Is #BlockFi also in danger of bankruptcy?

11/11 BlockFi tweets that due to the situation regarding #FTX and #Alameda withdrawals are suspended.

There were several investments that led #BlockFi to be on the brink of bankruptcy.

1- Investing in #GBTC
In July 2021 Blockfi is the second largest holder of GBTC with 19.8 million shares ($500 million) Image