As for chatter that each one or perhaps a majority of BlockFi’s belongings had been held in custody – and subsequently tied up for doubtlessly a very long time and even perhaps unrecoverable – the corporate mentioned that’s false. BlockFi, nonetheless, did acknowledge “vital publicity” within the type of obligations owed to BlockFi by Alameda, belongings on the FTX platform, and an undrawn credit score line from FTX.
