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According to The Block, crypto lending firm BlockFi said it would continue to pause many of its platform activities "for now" after FTX filed for bankruptcy protection last week. "The rumors that a majority of BlockFi assets are custodied at FTX are false," the company said in a blog post, adding that it did have "significant exposure to FTX and associated corporate entities." BlockFi announced late last week that it had paused withdrawals. Just days before, BlockFi said its products were "fully functional." The company asked clients not to submit any deposits to BlockFi Wallet or Interest accounts.

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【BlockFi says platform pause will continue】According to The Block, crypto lending firm BlockFi said it would continue to pause many of its platform activities "for now" after FTX filed for bankruptcy protection last week. "The rumors that a majority of BlockFi assets are custodied at FTX are false," the company said in a blog post, adding that it did have "significant exposure to FTX and associated corporate entities." BlockFi announced late last week that it had paused withdrawals. Just days before, BlockFi said its products were "fully functional." The company asked clients not to submit any deposits to BlockFi Wallet or Interest accounts.

BlockFi says platform pause will continue

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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