A.
Insitution or Fly-by-Night?
1- Platform goes offline during high volatility. If BlockFi can't handle risk managing downside volatility without pulling the plug on its platform, it should at least disclose it. 2- Sources of return are not clear. Is BlockFi funding interest payments via new equity investments, realizing successful retail loans, or somehow making 4-6% posting collateral for savvy institutions. Why is there no clarity to the breakdown of sources of return? 3- Customer service follows up with me literally over a week after multiple calls and emails. Some users would have literally added a couple zeros to the amount held at BlockFi if some of these matters were more clear. Either BlockFi is an institutional quality crypto bank with adequate back office or its a fly by night crypto shop.



