Bankrupt crypto lender BlockFi reveals $227M exposure to Silicon Valley Bank

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Bankrupt crypto lender BlockFi reveals $227M exposure to Silicon Valley Bank

Bankrupt crypto lender BlockFi has revealed a $227 million exposure to Silicon Valley Bank. BlockFi’s deposits are not insured by the FDIC since they were invested in a money mutual market fund. Bankrupt crypto lender BlockFi has made headlines with its latest bankruptcy filing, revealing that it has $227 million invested in a money market […]

Original source: AMB Crypto