Cryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse
Cryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed. Duke University professor Sultan Meghji, former chief innovation officer for the Federal Deposit Insurance Corporation, joins CBS News to discuss.
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Cryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse
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