The loans are collateralized by roughly 68,000 BTC mining machines, as per the report — which cited nameless loans have already defaulted and a few have additionally turn into under-collateralized following the steep fall in BTC mining rigs final…
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minerbacked
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In a Bloomberg report on 24, two folks “aware of the matter” declare that BlockFi began the method of promoting off the loans final crypto lender filed for Chapter 11 chapter in 2022, citing its vital publicity to…