After Celsius, another Crypto lender BlockFi has liquidated a large client. BlockFi was one of several companies involved in the liquidation of Three Arrows Capital (3AC). According to sources, 3 AC's lenders liquidated $400M from the company. BlockFi’s chief risk officer, Yuri Mushkin said, that his firm exercised its "best business judgment...with a large client that failed to meet his obligations."