Unredacted document shows $1.2B in BlockFi assets linked to SBF
Financials published by mistake showed that BlockFi has over $1.2B tied to FTX and Alameda — way more than the $1.02B previously claimed.
Financials published by mistake showed that BlockFi has over $1.2B tied to FTX and Alameda — way more than the $1.02B previously claimed.
The move comes after the collapse of Sam Bankman-Fried’s FTX and trading firm Alameda left clients billions of dollars out of pocket.
Silvergate lost nearly $1 billion in Q4 2022 alone as customers realized that FTX was once its biggest client.
Despite Alameda’s lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.
Many phishing scams and ambulance-chasing lawyers are misleading FTX victims. Here’s the government’s official FTX contact information.