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BlockFi receives permission to return $297M to certain customers
By Mike Dalton at 2026-05-06 09:28
Sentiment: Negative
BlockFi received permission to return $297 million to certain customers as part of its bankruptcy proceedings, Reuters said on May 11. Specifically, the company is permitted to return those funds to customers who held funds in BlockFi’s Wallet rather than its interest-bearing accounts. Judge Michael Kaplan ruled that although wallet users owned their deposits, customers […] The post BlockFi receives permission to return $297M to certain customers appeared first on CryptoSlate. Continue reading...
Categories: Bankruptcy
Tags: #Bankruptcy #Featured #Lending
Source CryptoSlate