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⚠️⚠️⚠️#blockfi #cash #crypto ⚠️⚠️⚠️
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⚠️⚠️⚠️#blockfi #cash #crypto ⚠️⚠️⚠️
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
Videos are not financial advice.
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Francisco Gimeno - BC Analyst Another crypto platform bites the dust and goes into bankruptcy. And this time it was easy to see it, amid the contagion brought by the crypto disaster that FTX has caused. Whoever has been caught in this new bankruptcy has not learnt yet that "not your keys, not your crypto". Crazy. BlockFi has said basically they don't have liquidity, and shareholders, and investors will probably lose everything, while waiting for someone to buy them for a fraction of its old value. Remember, the crypto space has no regulations which protects investors at all. Check what Kevin has to say while he reads the actual statement that BlockFi has published today. We are already seeing a pattern here. The balance sheet of many of these exchanges are real suspicious. And the only people benefitting of this now are attorneys. This contagion will continue with other platforms going down or getting in trouble. Another nail in the coffin for the unregulated market and Crypto.1.