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Judge Sides With Bankrupt Lender BlockFi in Dispute Over Customers’ Crypto in Interest-Bearing Accounts: Report
By Rhodilee Jean Dolor at 2026-05-06 15:30
Sentiment: Negative
A New Jersey judge reportedly ruled that BlockFi owns the funds that customers transferred from interest-bearing accounts when the bankrupt crypto lender froze withdrawals last year. In November, BlockFi announced it would stop allowing customers to withdraw their funds amid uncertainties on the status of crypto exchange FTX and its trading arm Alameda Research. A […] The post Judge Sides With Bankrupt Lender BlockFi in Dispute Over Customers’ Crypto in Interest-Bearing Accounts: Report appeared first on The Daily Hodl. Continue reading...
Categories: Regulators
Tags: #Regulators #BlockFi #crypto lending #News
Source The Daily Hodl