2017–2019[]
.svg "BlockFi 2017 (Icon).svg (4 KB)")
Icon
2019–2023[]
.svg "BlockFi 2019 (Icon).svg (2 KB)")
Icon
In November 2022, following FTX's declaration of bankruptcy, BlockFi halted withdrawals on its platform. The firm disclosed "significant exposure" to FTX on November 14, 2022. The next day, The Wall Street Journal reported that BlockFi would likely file for bankruptcy, later being reaffirmed by reports compiled by Bloomberg News. On November 28, BlockFi confirmed the reports and officially filed for Chapter 11 bankruptcy protection.
In October 2023, BlockFi emerged from Chapter 11 bankruptcy and announced plans to wind down all operations.