BlockFi Inc. Shocked by possible fraud allegations against FTX that provided a financial lifeline to crypto lender that later went bust The Fall of FTXa lawyer representing Blockfi said on Tuesday.
Jersey City, NJ-based BlockFi was rocked by allegations of serious internal problems and possible fraud at FTX, led by co-founder Sam Bankman-Fried, that surfaced in the weeks following the platform’s sudden collapse, according to Joshua Susberg, An attorney told BlockFi during its first hearing in the US Bankruptcy Court in Trenton, NJ