CoinDesk published this video item, entitled “Bitcoin Rises Toward $17K; BlockFi Has $355M in Crypto Frozen on FTX” – below is their description.
Crypto lender BlockFi has about $355 million in cryptocurrencies currently frozen on crypto exchange FTX. CoinDesk’s Nikhilesh De discusses the latest developments uncovered during BlockFi’s first day in bankruptcy court. Howard Fischer, former SEC Senior Trial Counsel and current partner at Moses Singer, shares his thoughts on the legal proceedings. And former AAX Vice President Ben Caselin, who has resigned amid the crypto exchange’s withdrawal halt, joins the conversation. Plus, a crypto markets analysis with Bilal Little of DFD Partners.
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