The crisis sparked by Sam Bankman-FTX Fried’s crypto empire engulfed BlockFi, a troubled digital-asset lender once worth $3 billion but now limiting activity on its platform. BlockFi announced on Twitter that it will suspend client withdrawals due to “a lack of clarity” regarding the status of onetime saviour FTX US, as well as the uncertainty afflicting FTX.com and sister trading house Alameda Research. Customers were asked not to deposit funds into their BlockFi wallets or interest accounts.
