BlockFi files for bankruptcy as FTX fallout spreads
Somehow these guys peaked at about 900 employees, according to linkedin (<a href="https://www.linkedin.com/company/blockfi" rel="nofollow">https://www.linkedin.com/company/blockfi</a>)<p>They've raised about a billion dollars of VC - <a href="https://www.crunchbase.com/organization/blockfi-inc/investor_financials" rel="nofollow">https://www.crunchbase.com/organization/blockfi-inc/investor...</a><p>(note, CB lists $1.4b, of which 400M is debt from FTX, which I imagine they never got)<p>Unbelievable the amount of destruction of value here... it's just total carnage.