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BlockFi’s Been Affected by the FTX shenanigans too

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by COINS NEWS 128 Views

It seems the problem with FTX is quite extensive. Crypto lender BlockFi’s been affected too. Here’s the official statement from their Twitter page:

We are shocked and dismayed by the news regarding FTX and Alameda. We, like the rest of the world, found out about this situation through Twitter. Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we are not able to operate business as usual.
Our priority has been and will continue to be to protect our clients and their interests. Until there is further clarity, we are limiting platform activity, including pausing client withdrawals as allowed under our Terms.
We will share more specifics as soon as possible. We request that clients not deposit to BlockFi Wallet or Interest Accounts at this time. We intend to communicate as frequently as possible going forward but anticipate that this will be less frequent than what our clients and other stakeholders are used to.

submitted by /u/wee_d
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