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BlockFi’s $13.2 million class action settlement moves closer to approval

A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...
CoinTelegraph

BlockFi users to get back $297M from Wallet accounts: Report

A United States judge has granted permission to bankrupt crypto lender BlockFi to return $297 million to customers with deposits held in its Wallet program, Reuters reported on May 11. The return of ...
Business Wire

BlockFi’s Disclosure Statement Conditionally Approved by Court

JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...
AOL

FTX reaches settlement with BlockFi, may pay up to $874 million

NEW YORK (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million, ...
AOL

Crypto lender BlockFi begins post-bankruptcy wind-down

(Reuters) -BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in the ...
CoinTelegraph

FTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874M

The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers. Bankrupt crypto firms BlockFi and FTX have reached an “in ...