BlockFi files for bankruptcy after exposure to FTX and Alameda
Dated 28 November 2022: BlockFi files for bankruptcy after exposure to FTX and Alameda. In the causal graph this event weakens Crypto winter / digital-asset bust cycles, a driver that weakens Access to justice index — an improving welfare path.
Who was responsible
Contribution type and responsibility level for each recorded actor — not sole-author shorthand.
No public contributors are listed for this fact.
What changed
Fact → Driver → Indicator. Relationship strength orders the paths; it is not the observed indicator movement.
- FactBlockFi files for bankruptcy after exposure to FTX and Alameda
- weakensDriverCrypto winter / digital-asset bust cycles
- weakensIndicatorAccess to justice index
provisional weight · verified
Weakens · 40% impact strength (driver → indicator)
Observed
0.62 score from 0 to 1 · 0.25 below the normal line (2024)
Worse than normal125 readings, 1900–2024: rose from 0.37 score from 0 to 1 to 0.62 score from 0 to 1.
Above normal = better
Causal path
How this event connects to drivers and indicators in the graph.
- FactBlockFi files for bankruptcy after exposure to FTX and Alameda
- weakensDriverCrypto winter / digital-asset bust cycles
- weakensIndicatorAccess to justice index
Cite this page
Factrail. (2026). BlockFi files for bankruptcy after exposure to FTX and Alameda. Factrail. https://factrail.ai/facts/blockfi-files-bankruptcy-after-ftx-collapse-2022
https://factrail.ai/facts/blockfi-files-bankruptcy-after-ftx-collapse-2022
Accessed 15 October 2026.
By the Factrail desk · Method: how we source and score · Last reviewed
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