BlockFi Bankruptcy… PONZI SCHEME or SCAMMED by FTX?



BlockFi has officially filed for chapter 11 bankruptcy in the United States, but just how bad is BlockFis bankruptcy? Was BlockFi a ponzi scheme scam, or did Zac Prince and Flori Marquez get scammed by FTX and Sam Bankman-Fried? Lets dig deeper, also sub! https://voskco.in/sub

BlockFi insolvency Discord group (not VoskCoin) – https://discord.gg/NkV6vqauBr
Join the VoskCoin Discord server to connect w/ me and others – https://voskco.in/discord
Find community over on the VoskCoinTalk forum – https://voskcointalk.com
Link to the official notice of bankruptcy – https://blockfi.com/November28-ClientUpdate

Apparently, BlockFi had no problems operating just days before they halted withdrawals, and almost a month later it has now been revealed that they need to file Chapter 11 bankruptcy. This shocking news has left many of us wondering what’s next – but the BlockFi bankruptcy publicly available documentation may help make the picture a little clearer. Let’s take a look at just how exposed BlockFi was to the FTX contagion, what their current situation looks like, and where things could be headed after this.

To be very clear, BlockFi has about a quarter billion dollars of cash on hand, unrelated to BlockFi client deposits, but here’s the issue… they are missing much more money than that which is why they cannot just use those funds to make the blockfi users whole… There’s a lot to decipher, a lot of FUD, and a bit of hope in the BlockFi bankruptcy but no, it’s not good news overall, at all, especially for those severely impacted like myself…

📃 Read the investigation threads here: 📃
BlockFi sues SBF for his stake in Robinhood – https://twitter.com/watcherguru/status/1597366870008823809?s=46&t=itlynV5P1292CvUxhz6U0A
How does BlockFi manage client funds? Web archive version – https://web.archive.org/web/20220701181928/https://help.blockfi.com/hc/en-us/articles/7015347407764-What-happens-to-my-assets-after-they-are-transferred-to-BlockFi-and-how-does-BlockFi-manage-related-risks-
Crypto bankruptcy filing index for 2022 – https://www.theblock.co/post/190354/crypto-bankruptcy-filings-from-3ac-to-blockfi
Zac and Flori from BlockFi –
https://twitter.com/BlockFiZac
https://twitter.com/FounderFlori

⏰ Timestamps ⏰
00:00 More terrible news for crypto… BlockFi bankruptcy
00:57 BlockFi bankruptcy filing key takeaways
03:12 SEC fined BlockFi $100 million!
06:00 Who are Ankura Trust? $700 million owed?!
08:58 Order of funds to be paid out
10:08 BlockFi vs SBF & FTX
12:10 BlockFi Wallet coins to be returned?
12:49 Crypto bankruptcies in 2022
14:00 Mt. Gox bankruptcy has taken 10 years!
15:00 Is BlockFi doomed?

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#VoskCoin #crypto #blockfi #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf

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FTX is turning out to be the biggest PONZI SCHEME SCAM EVER



The current FTX, Solana and Alameda Research situation has been an incredibly painful and eye-opening set of events. From pausing withdrawals to potentially being acquired by Binance, the future of FTX and its founder Sam Bankman Fried remain unknown. Sub – http://voskco.in/Sub

It seems that no power is too big to fall, as many believed FTX to be near invincible. With them providing credit for BlockFi, and seeking to acquire assets from previously bankrupt projects, FTX appeared to be the savior for many. However, as it has turned out, there were more than a few bad actors behind the scenes, and many bad decisions were made in the running of the exchange. With a significant liquidity crisis at hand, a failing $FTT token, and investors completely pulling out of their business, the FTX International exchange stands to be the biggest fall in recent crypto history. Let’s take a deeper look at this developing story.

📃 Crypto News 📃
STEPN to launch their own shoe line with ASICS – https://decrypt.co/113306/asics-taps-stepn-to-launch-running-shoe-solana-nft-collections

Justin Sun to help FTX –
https://twitter.com/justinsuntron/status/1590539831276634112

Binance will NOT be buying FTX after due diligence check – https://twitter.com/binance/status/1590449161069268992

Sam Bankman Fried apologizes and comments on the current situation – https://twitter.com/SBF_FTX/status/1590709166515310593

⏰ Timestamps ⏰
00:00 The Solana and FTX debacle
01:27 STEPN to launching a running shoe?
02:26 Gas-less NFTs on Kraken?
03:27 A great, new DeFi tool!
05:40 Binance to buy FTX? Maybe not…
08:47 Justin Sun to help TRX hodlers on FTX?
09:21 State of FTX US and other exchanges?
11:14 FTX & Alameda bailout!
11:49 Solana is unlocking 29M $SOL!
12:20 Stay safe & don’t give up!

Follow us on our official social media accounts – https://voskco.in/22
VoskCoin was sponsored by FTX US but without proof of reserves we recommend against using any FTX product – https://voskco.in/65f720

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#VoskCoin #crypto #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf

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FTX Collapsed and Here's Why



With FTX now filing for bankruptcy with all of its subsidiaries, this week in crypto has taught us a lot. SBF and the FTX mafia have caused immeasurable damage to the crypto ecosystem, FTX US, BlockFi, among hundreds of others are likely insolvent now… Sub – http://voskco.in/Sub

The FTX collapse has affected every aspect of the crypto ecosystem, in what many are dubbing its “contagion.” This painful end has opened the doors to many theories, conspiracies and backdoor tales of mismanagement, deception and outright fraud. Let’s explore some of these theories, check the facts, and find out exactly how we reached this point.

Inspired by Coffeezilla and his FTX Collapsed…Here’s Why
https://youtube.com/watch?v=l3HfrRjWilQ

📃 Read the investigation threads here: 📃
Bankman-Fried Warns: Some Crypto Exchanges Already “Secretly Insolvent”
https://www.forbes.com/sites/stevenehrlich/2022/06/28/bankman-fried-some-crypto-exchanges-already-secretly-insolvent/?sh=27b2378e47f7

FTX’s valuation was absolutely unrealistic –
https://twitter.com/fintechfrank/status/1488140341672919045

BlockFi received a $400m FTX credit line, but what now?
https://twitter.com/FounderFlori/status/1590030310787657729

The tweet that started it all –
https://twitter.com/cz_binance/status/1589283421704290306

CZ declines the purchase of FTX after checking their financials –
https://twitter.com/binance/status/1590449161069268992

SBF tried to raise $8B to avoid bankruptcy –
https://twitter.com/GSpier/status/1590614220408000512/photo/1

Justin Sun talks about assisting FTX –
https://twitter.com/justinsuntron/status/1590539831276634112

FTX bailed Alameda Research out?
https://twitter.com/LucasNuzzi/status/1590122590206824448

Why customers no longer trust the FTX Mafia –
https://twitter.com/Ishanb22/status/1577699083808083969

FTX was going to create their own stablecoin?! –
https://twitter.com/jay_ftx/status/1590391765332172800?s=46&t=7ywNa8V11eKAY-jjVa7Z7A

Solana DeFi affected by this FTX implosion? –
https://twitter.com/AutismCapital/status/1590579602099171329

Dangers of wrapped Solana tokens –
https://twitter.com/weremeow/status/1590461628864397312

⏰ Timestamps ⏰
00:00 FTX: the biggest scam ever
00:23 Some crypto exchanges are insolvent?
01:17 Binance exited FTX equity
02:19 Justin Sun to help FTX?
02:52 The collapse of FTX
06:25 FTX bankruptcy and hack
07:53 BlockFi pauses withdrawals
09:14 The live collapse of Solana and FTX ecosystem
14:32 Factors and signs leading to the collapse of FTX

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#VoskCoin #crypto #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf #ftxus #blockfi #coffeezilla

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Unraveling the LIES & Deception of FTX and Scam Bankrun-Fraud



Unraveling the lies and deception of FTX and Sam Bankman-Fried, better known now as Scam Bankrun-Fraud. FTX cryptocurrency exchange in collaboration with Alameda Research has turned into the biggest ponzi scheme the world has ever seen, WTF happened?? Sub – http://voskco.in/Sub

Watch our most recent coverage of this groundbreaking event to get up to speed – https://www.youtube.com/watch?v=5F2xIIWD_kQ
Check out our initial breakdown of the news regarding FTX’s collapse – https://www.youtube.com/watch?v=6UqaJblBXxI
Want an update on BlockFi news today and withdrawals? https://www.tiktok.com/@voskcoin/video/7166015356706802986

As FTX files for bankruptcy along with all of its subsidiaries, the contagion of SBF and the FTX funds continues to spread. Are Solana, BlockFi and other investments safe from this collapse? What is the potential for everything in crypto to come crashing down? Are other cryptocurrency exchanges soon going to follow in FTX’s steps? Let’s take a deep dive into what information has been leaked and revealed over the last few days, how the FTX debacle has impacted multiple crypto projects and businesses, and what my thoughts on everything are right now.

📃 Read the investigation threads here: 📃
Pissed, pessimistic and paranoid, FTX clients face a new reality: ‘It’s all gone.’
https://www.theblock.co/post/186520/pissed-pessimistic-and-paranoid-ftx-clients-panic-money-likely-gone

Binance will launch a new ‘industry recovery fund’ –
https://www.theblock.co/post/186597/binance-will-launch-a-new-industry-recovery-fund

Crypto.com CEO claims FTX exposure was limited to $10 million
https://www.theblock.co/post/186601/crypto-com-ceo-claims-1-billion-recovered-from-ftx-exposure

Is Crypto. Com facing a similar future to FTX?
https://twitter.com/RMKOutFront/status/1591818509893632000

Kraken takes action by freezing accounts related to FTX hack – https://tokeninsight.com/en/news/kraken-freezes-account-access-to-funds-related-to-ftx-hack
https://www.theblock.co/post/186472/kraken-freezes-ftx-and-alameda-accounts-maintains-full-reserves?utm_source=twitter&utm_medium=social

Did SBF steal users’ money to fund regulations? –
https://twitter.com/balajis/status/1591799827587035136

SBF was trying to fundraise in the UAE? –
https://twitter.com/AutismCapital/status/1592057502530940928

FTX paid $20M to county before naming rights deal ended –
https://www.local10.com/news/local/2022/11/13/miami-dade-mayor-ftx-paid-20m-to-county-before-naming-rights-deal-ended/

Read the latest BlockFi Update (14 Nov) here –
https://blockfi.com/november-14-2022-blockfi-update

SBF’s self-fulfilling prophecy –
https://twitter.com/AutismCapital/status/1592225506011000832/photo/1

⏰ Timestamps ⏰
00:00 The new crypto villain: Sam Bankman Fried
01:03 So much lost with FTX and BlockFi
02:24 Binance and industry recovering fund?
03:40 Crypto. com in trouble?
04:32 Kraken freezes hacked and FTX and Alameda Funds
05:35 SBF bribing and looking to fundraise money
06:16 The FTX arena is no more
06:50 Huge investments and acquisitions in the crypto industry
07:30 Is Solana $SOL a scam?
08:20 What is going on with BlockFi?
09:09 Beyond devastated…

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#VoskCoin #crypto #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf

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BlockFi Paused Withdrawals…Here's What Happened and What's Next



BlockFi Paused Withdrawals…Here’s What Happened and What’s Next – BlockFi was one of the most popular lending services, allowing cryptocurrency users to earn interest on their coins, until they froze their accounts after the FTX Ponzi scheme imploded… what now? Sub – http://voskco.in/Sub

SBF is a scammer, and FTX was a fraud – here’s what happened – https://www.youtube.com/watch?v=GqNdeaPVVaI
FTX collapsed, how did this ponzi scheme go so far? https://www.youtube.com/watch?v=6UqaJblBXxI

Direct link to BlockFi – www.blockfi.com
Link to BlockFi Twitter – https://twitter.com/blockfi

As FTX filed for bankruptcy along with all of its subsidiaries, the contagion of SBF and the FTX funds continues to spread. BlockFi, who were recently bailed out by FTX US with a credit line of $400m, appears to have been significantly affected by the collapse. With so much at stake, is a recovery plan in place for BlockFi, will Flori Marquez and Zac Prince be able to secure an 11th hour bailout or buyout? What is the future for this crypto lending platform, the latest BlockFi News. Here is everything I’ve been able to uncover on BlockFi and whether they seem to be a scam, if BlockFi is insolvent, or if BlockFi will be able to survive their paused withdrawals and at a minimum restore customers funds.

📃 Read the investigation threads here: 📃
Read the latest BlockFi Update (14 Nov) here –
https://blockfi.com/november-14-2022-blockfi-update

BlockFi can no longer operate as usual amidst FTX fallout – https://fortune.com/2022/11/11/ftx-collapse-blockfi-pausing-client-withdrawals/

CZ, CEO of Binance, starts a recovery fund for the crypto industry – https://www.coindesk.com/business/2022/11/14/binance-starts-recovery-fund-for-crypto-projects-facing-liquidity-crisis/

Zac and Flori from BlockFi –
https://twitter.com/BlockFiZac
https://twitter.com/FounderFlori

⏰ Timestamps ⏰
0:00 BlockFi was Affected by FTX Collapse
1:54 Flori BlockFi Co-Founder Says Everything is Fine?
2:20 Withdrawals Paused at BlockFi
4:05 BlockFi November 14 Update Breakdown
9:15 Will CZ save us with the industry recovery fund? Or is he the next SBF?
10:37 FTX Files for Bankruptcy after $10B Lost
11:10 No BlockFi in NY
11:28 Does BlockFi have insurance?
12:12 Gemini & Genesis Trading Lost $175M + Gemini Earn
13:06 Coinbase BitLicense in NY
13:14 Gemini Earn Transfer Went Through
13:50 How BlockFi Impacted VoskCoin

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#VoskCoin #crypto #blockfi #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf

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Cryptocurrency saved and then ruined my life…



Bitcoin and cryptocurrencies can be life-changing, but just as quickly you can lose potentially everything… Honestly crypto has become unbearable for me, a few missteps have left my Bitcoin, Ethereum, and most of my other crypto funds simply gone or in jeopardy…

Subscribe to VoskCoin… http://voskco.in/Sub

Sam Bankman-Fried or simply, SBF, using his Alameda Research and FTX ponzi scheme has decimated many crypto investors and companies, and simply wrecked people’s lives and livelihoods, myself included. Not your keys, not your coins, rings truer than ever. I will never trust, and I will always verify moving forward… FTX seemed too big to fail, regulated by governments, including a US division that was supposed to have even tighter regulation but how ironic, SBF walks around freely after stealing billions from millions… Just sit here wondering how could I have been so foolish, and leave my funds in someone else’s control like FTX, and their subsidiaries, specifically, BlockFi…

⏰ Timestamps ⏰
00:00 The crypto fallout
01:55 The impact of the crypto crash
03:17 The FTX Ponzi Scheme
06:03 Was it possible to see this coming?
07:04 What this means for the future of crypto
09:36 The global recession and depression
12:04 The value of support and family

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#VoskCoin #crypto #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf

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