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Bankrupt crypto lending firm BlockFi has reportedly uploaded financial reports by mistake, revealing $1.2 billion worth of assets associated with bankrupt exchanges FTX and Alameda Research.
According to a January 25 report from CNBC, undeleted filings show that as of January 14, BlockFi had $415.9 million in assets related to FTX, and an $831.3 million loan to Alameda.
The finances leaked as part of a presentation by M3 Partners, which is an advisor to the creditors’ committee.
Related: BlockFi to sell $160 million worth of Bitcoin miner-backed loans: Report
The crypto lending company filed for Chapter 11 Bankruptcy on November 28, a few weeks after the FTX collapse.
This is an evolving story, and more information will be added as it becomes available.
Source: Cointelegraph.com
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