Blockfi is shutting down my credit card now!

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First they shut down withdraws. Now they are saying you cannot use your credit card. Kinda mad about this. I have been using this credit and really like earning BTC back for my purchases.

Blockfi was bailed out by FTX. So with the FTX news they are probably going to be in trouble. I have some money on Blockfi. I should would like to get that back.

Crypto winter is getting COLDER for sure.

Lets blame TOM! LOL "worst person ever"

Here is the email I got today.

Dear Valued Cardholder,
In light of recent developments at BlockFi, which are beyond our control, we are writing to notify you that purchasing privileges on your BlockFi Rewards Visa® Signature Card are suspended until further notice. As a result, you will not be able to make purchases using your card. However, you will be able to view your transactions activity, download statements and make payments on any outstanding balance. Please don't hesitate to call 1-(833)-426-0304 or email [email protected] or refer to the contact information provided on the back of your card with any questions.
Your BlockFi Rewards Visa® Signature Card is issued by Evolve Bank & Trust. Please review the Cardholder Agreement Terms & Conditions for more information.

Sincerely,
Evolve Bank & Trust

Time to switch back to my discover and delta rewards cards I guess.

I find this super frustrating how many businesses FTX is bring down with it. Let us hope some survive.

neoxian leo leofinance blockfi
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Dam thats crazy man. I just got that email too. Only have like 5 bucks worth of btc on there and a small balance. Interesting to see what happens with it. Hope you been good man.

!LOL

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I have about $500. I hope I get it back. I’m good though. Thanks for stopping by.

!PIZZA

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Domino Effect.. Dont know what else can be coming.

!PIZZA !CTP

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Too much leverage, too much greed and too little business. The basic recipe of the old economy applied to crypto.

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This is bad! you should get your money out of it as soon as you can

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The crypto industry is way too interlinked. I wonder just how many people were relying on the FTT token as part of their balance. With everyone running to take out their money, I just don't know if they have the funds left to even pay people out. However, I do think it's bad news since FTX will probably try to get that loaned money from Blockfi and it's a death spiral.

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