BlockFi blames FTX for bankruptcy but lets bitcoin mining debt slide
Alongside the $275 million from FTX, BlockFi is also owed $54 million from bitcoin miner Core Scientific — but it hasn’t called in that debt.
Bitcoin24h
$74,653.12-0.54%
Ethereum24h
$2,319.54-1.63%
XRP24h
$1.43+1.45%
BNB24h
$628.33+0.48%
Solana24h
$87.51+2.43%
TRON24h
$0.3258+0.01%
Dogecoin24h
$0.0968+0.25%
Hyperliquid24h
$43.57-4.36%
UNUS SED LEO24h
$10.14-0.05%
Cardano24h
$0.2526+0.96%
BlockFi faces heavy losses from its loan to Core Scientific
Core holds 24 bitcoin and $26.6M in cash but has more than $1B in outstanding liabilities, including an $80M loan from BlockFi.
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