• NEW BLOCKFI UPDATE MARCH 2023 MUST WATCH!

  • Mar 7 2023
  • Length: 16 mins
  • Podcast

NEW BLOCKFI UPDATE MARCH 2023 MUST WATCH!

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  • Summary

  • BlockFi - The 55 million Robinhood shares SBF pledged to Zac Prince are being called into bankruptcy, and the BlockFi lawyers are suggesting this is a  bad faith move to make the situation more complex. It's been estimated that BlockFi owes up to $10 billion to more than 100,000 customers, and the top three creditors are owed $1.3 billion alone.   

    Celsius - The UCC in Celsius is trying to enforce clawbacks from retail users who withdrew funds within 90 days before the bankruptcy.   

    Anti-CBDC Act - Crypto-friendly congressman Tom Emmer just introduced a new Bill that will block the Federal Reserve from issuing a CBDC in the US, working on a CBDC in private, or using a CBDC to control the economy.  Operation Choke Point - a description of all the pressure to the crypto industry from banks in the past few months.

    Full blog here.
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