FTX News: Here's How BlockFi Plans To Return All Customer Funds

In news related to FTX, Sam Bankman-Fried’s disbanded crypto empire seems to owe $680 million to now-bankrupt crypto lender BlockFi Inc., according to a lawyer who spoke to the federal judge presiding over BlockFi’s bankruptcy case. On Tuesday, the crypto firm made its initial appearance in the bankruptcy court in Trenton, New Jersey, asking for routine consent to continue functioning while it attempts to devise a strategy to pay creditors by reorganizing or finding a potential buyer.