DFX Intelligence
Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed
Global Financial Service Disruptions
BlockFi
crypto custodian · US · North America · BlockFi Inc.
Liquidity or solvencyStatus: resolvedTier 1Severity 4 of 5Evidence confidence: highAnalyst-verified
BlockFi paused client withdrawals on 11 November 2022, citing lack of clarity on the status of FTX and Alameda, days after saying its business did not depend on them. It filed for Chapter 11 on 28 November.
- First disruption
- Nov 11
- First public signal
- unknown
- Acknowledged
- Nov 11
- Restored
- resolved, time unknown
- Duration
- not established
- DFX first recorded
- Nov 5 14:58 UTC
What was restricted
withdrawalsdepositsScope: institution wide
Client withdrawals paused under its Terms; customers asked not to deposit; Chapter 11 filed 28 Nov 2022.
Cause, kept in separate layers
- What the institution said
- 'Lack of clarity' on the status of FTX.com, FTX US and Alameda
- DFX classification
- Liquidity or solvency (cyber: unconfirmed)
- Wording used
- lack of clarity