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Bankrupt Crypto Lender BlockFi's Administrator Submits Plan to Make Customers Whole

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by COINS NEWS 51 Views

Bankrupt Crypto Lender BlockFi's Administrator Submits Plan to Make Customers Whole

From the article: "BlockFi was among the first victims of the contagion caused by the collapse of crypto exchange FTX in early November 2022. The crypto lender filed for Chapter 11 bankruptcy protection on Nov. 28, 2022, less than a month after halting withdrawals from the platform. BlockFi then began the process of asking the court to greenlight customer withdrawals that are locked up in the platform."

submitted by /u/80UNC3EBACK
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