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BlockFi Mistakenly Reveals $1.2B Exposure to FTX, Alameda Research

The now-bankrupt crypto lending firm BlockFi has more than $1.2 billion in assets linked to FTX and Alameda Research, the two companies founded by the fallen crypto mogul Sam Bankman-Fried.

This is according to the unredacted filings assembled and uploaded by M3 Partners, an advisor to BlockFi’s creditor committee, CNBC reported Tuesday.

Per the financial presentation, as of January 14, BlockFi had $415.9 million worth of assets tied up with FTX and $831.3 million in loans to its sister company Alameda.

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