#shorts BlockFi has filed for bankruptcy in the US, as the dramatic collapse of FTX continues to reverberate across the industry. The company had already halted most activity on its platform, citing "significant exposure" to FTX. BlockFi said it was seeking court protection to restructure, settle its debts and recover money for investors. BlockFi had received a rescue deal from FTX earlier this year as the values of cryptocurrencies plunged. But FTX, a crypto exchange, ran into its own problems this month, as people rushed to pull money from the platform amid doubts about its finances. Source: Follow DCTV on your platform of choice: https://dctv.media/social Secure your crypto with a Ledger Crypto Wallet: https://shop.ledger.com/?r=ccb2f33069b1 DCTV Discord: https://discord.gg/GJUkWCGBUw Bitcoin.pub 2.0 (Catena): https://community.catena.one/d/22-welcome-to-watercooler-introduce-yourself 10 Days of Bitcoin Playlist: https://youtube.com/playlist?list=PLbU97n4BShKlq6DOTSvFk6RcCys3P50al B90X Crypto Bootcamp Playlist: https://youtube.com/playlist?list=PLbU97n4BShKnXwCPb5wNQ6WQWnGvLwJ1r __________________ FAIR USE NOTICE: For purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair Use is a use permitted by copyright statute that might otherwise be infringing. This show is for entertainment purposes only. We do not give venture capital advice. This is never financial advice. Never sell your Bitcoin. Own your own keys.