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BlockFi moves to liquidate its crypto lending platform

Por: Fox Business Business May 15, 2023

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Fox News senior congressional correspondent Chad Pergram reports from Capitol Hill, where crypto is largely unregulated. Bankrupt BlockFi plans to liquidate its cryptocurrency lending platform after concluding that selling the business to a new owner wouldn’t generate enough value for its creditors. Jersey City, N.J.-based BlockFi outlined its chapter 11 plan of reorganization, which will be sent to creditors—including more than 100,000... + full article



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