Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse

Crypto Lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX's collapse.

The company said in a tweet that the "lack of clarity" around FTX's current situation meant it would pause client withdrawals. It also told clients not to deposit to its wallet or interest accounts.

This is a developing story and will be updated.