BlockFi Writes Its Own Chapter 11

Crypto lender BlockFi has filed for Chapter 11 bankruptcy protection in the U.S., becoming the latest company to collapse due to an FTX shockwave that shows little sign of abating. Digital financial services company BitGo has been chosen by FTX as the custodian of the bankrupt crypto exchange's remaining assets. And BitGo CEO Mike Belshe joins Jeremy Varlow and Moritz Seibert for today’s Crypto Daily Briefing to talk about his company’s role in the process of identifying, gathering, and securing assets for FTX creditors. Later, Tania Reif, the chief investment officer at Senda Digital Assets, joins for a discussion of Bahamian officials’ defense of their country's crypto regulatory regime, Binance’s expansion of its industry recovery fund, and MetaMask’s user data controversy. This episode is sponsored by The Crypto App. Learn more about your ad choices. Visit podcastchoices.com/adchoices