While authorities are still investigating the FTX collapse, the cryptocurrency YouTuber known as Ben “Bitboy” Armstrong decided to take matters into his own hands and went all the way to the Bahamas to look for the failed CEO Sam Bankman-Fried. According to reports, the YouTuber camped outside of Bankman-Fried’s apartment complex, hoping to get a […]
Tag: FTX
December 1, 2022
November 28, 2022
Now BlockFi Sues SBF Over $650-Million Debt — Caused Lender’s Collapse
When it rains it pours. And its showing upon the head of disgraced crypto-exchange failure, Sam Bankman-Fried. As shockwaves continue and other businesses collapse, one is taking action against SBF. BlockFi filed for bankruptcy today and the crypto-lender is suing the FTX founder over their demise. Why did BlockFi Go Bankrupt? According to the […]
November 28, 2022
BlockFi Was Destroyed — New Bankruptcy Filed in Cryptos
DeFi or Decentralized Finance has been hailed as the future of the world’s monetary systems. Holiday season 2022 however is challenging that ideology. As the 3rd biggest crypto-exchange in the world collapsed just last month, the shock-waves are still being felt. Today, major DeFi lender BlockFi too had to concede to failure, filing Chapter 11 […]