REKT Reminders #2162

Collection

REKT Reminders

Ethereum

Owned by

0x3d...443C

Ethereum

Rarity

683

/ 10,012

Traits

Background

blue

Skins

white

Face

pissed pirate

Clothes

blockfi white t-shirt

Head

rasta hair

Losses

$866,100

Description

BlockFi is a digital asset lender founded by Zac Prince and Flori Marquez in 2017. It is based in Jersey City, New Jersey. It was once valued at $3 billion. In July 2022, it was announced that the cryptocurrency exchange FTX made a deal with an option to buy BlockFi for up to $240 million. The deal included a $400 million credit facility for the company. In November 2022, after the declaration of bankruptcy by FTX, the company halted withdrawals on its platform. The firm disclosed "significant exposure" to FTX on November 14. The next day, the Wall Street Journal reported that BlockFi would likely file for bankruptcy, which was reaffirmed by reports compiled by Bloomberg News. On November 28, BlockFi confirmed the reports and officially filed for Chapter 11 bankruptcy protection with more than 100,000 creditors, according to filings. In March 2023, following the collapse of Silicon Valley Bank, the U.S. Trustee watchdog overseeing BlockFi's bankruptcy revealed that BlockFi had around $227 million in uninsured funds at the bank.

Details

Token ID

2162

Network

Ethereum

Standard

ERC721

Network

REKT Reminders

Floor Price

Size

Owners

REKT Reminders 2162