RE: BlockFi Files For Chapter 11 Bankruptcy

Currently we know that it will involve layoffs. What's crazy is myself and others warned massive layoffs would be coming 6 months ago but so many people are so short sighted for the next day ahead that they write these things off. We are now seeing Epic layoffs across the board.

Yup, not even only the layoffs but there has also been a lot of emphasis laid on reliance on centralized custodianship which we are seeing a lot crash for now.

For the most part markets didn't react to heavily to this news. It seems like most of this is already priced in before hand.

Is it though, I wouldn’t be too sure.

My hopes are through this all people get a wake up call and start to manage their own wallets and funds.

Same here.

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