BlockFi’s crypto bankruptcy had $227 million at Silicon Valley Bank.
Quote Tweet
Lauren Hirsch
@LaurenSHirsch
·
24m
Per new bankruptcy filing, BlockFi has $227m in Silicon Valley Bank. The bankruptcy trustee warned them on Mon that bc those funds are in a money market mutual fund, they’re not FDIC secured — which could be a prblm w/ keeping in compliance of bankruptcy law