tech

BlockFi files for bankruptcy; latest crypto company to fail

5 Comments
By KEN SWEET and MICHELLE CHAPMAN

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5 Comments
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The latest in shady schemes to make the schemers filthy rich is almost done. What's next? Junk bonds redux, anyone?

0 ( +0 / -0 )

"Back in February, BlockFi settled with the SEC over its crypto lending products, agreeing to pay $100 million in fines and penalties."

Was not that a major red flag for investors to withdraw their funds and move on to a legitimate exchange?

3 ( +3 / -0 )

It's going to be difficult to find the next layer of "greater fools" to buy into crypto...

6 ( +7 / -1 )

Another cryptoponzi scheme who bites the dust!!...

I'm sorry for the people who lost their money, they will never get it back..

"FTX Arena", what a farce, LOOOOOL !!!..

3 ( +6 / -3 )

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