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SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies

BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.

By Helene Braun, Nikhilesh De|Edited by Nick Baker, Marc Hochstein

Updated Oct 13, 2023, 10:13 p.m. Published Oct 13, 2023, 5:29 p.m.

BlockFi CEO Zac Prince (right) leaves the courthouse (Danny Nelson/CoinDesk)