FTX’s Crypto Contagion Infects Firms From BlockFi to Voyager

Reverberations from the collapse of Sam Bankman-Fried’s empire continue to spread through financial markets, threatening the future of crypto lenders like BlockFi Inc. and Voyager Digital Ltd.

BlockFi, which said in a Monday blog post that it had “significant exposure” to FTX and the company’s related entities, is preparing a potential bankruptcy filing, the Wall Street Journal reported. BlockFi halted withdrawals last week over uncertainties about FTX.

A representative for the company didn’t respond to a request for comment.

Bankrupt crypto lender Voyager was forced to try to find a replacement buyer for its assets after concluding ...