BlockFi Files for Chapter 11 Bankruptcy in Wake of FTX

The transcript discusses the bankruptcy filing of BlockFi, highlighting its financial status, assets, and creditors. It also covers the failed deal with FTX and the international complications arising from concurrent filings in Bermuda. The tensions between the Bahamas and the United States regarding financial regulation are also mentioned.

What was the range of BlockFi's assets according to the most recent filing?

• Between $500 million and $1 billion

• Between $1 billion and $10 billion

• Between $10 billion and $20 billion

• Over $20 billion

How many creditors are mentioned in the BlockFi filing?

• Exactly 50,000

• Less than 10,000

• More than 100,000

• Between 10,000 and 50,000

What was the nature of the deal between FTX and BlockFi?

• A stock purchase

• A lifeline deal

• A loan agreement

• A merger agreement

Which organization is still owed $30 million by BlockFi?

• The SEC

• The IRS

• The World Bank

• The Federal Reserve

What is a significant international issue related to the FTX situation?

• Tensions between the Bahamas and the US

• Trade tariffs between the US and China

• Currency exchange rates

• Oil price fluctuations