Top10 News 1. Crypto lender BlockFi files for Chapter 11 bankruptcy link BlockFi filed for Chapter 11 bankruptcy protection and has laid off a large portion of its staff, given its hefty exposure to FTX. According to BlockFi’s bankruptcy filing, it has over 100,000 creditors with assets and liabilities ranging from $1 billion to $10 billion. Its largest creditor is trust company Ankura, which owes it $729 million and is the trustee of BlockFi’s interest accounts; its second largest creditor is FTX US, which owes it $275 million.
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