#8. BlockFi bankruptcy
-Total estimated losses: $1.3 billion in liabilitiesBlockFi's 2022 flameout came just months after it agreed to pay $100 million in fines to the SEC and other state regulators for pushing too-good-to-be-true yields and failing to register as an investment business…
-Total estimated losses: $1.3 billion in liabilitiesBlockFi's 2022 flameout came just months after it agreed to pay $100 million in fines to the SEC and other state regulators for pushing too-good-to-be-true yields and failing to register as an investment business…
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