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Bankruptcy Judge Approves $300M Payment to BlockFi Customers-Report
By Godfrey Benjamin at 2026-05-06 07:33
Sentiment: Negative
Based on a May 11th ruling, BlockFi custody wallet users may receive up to $300 million as a refund. This ruling, according to a Coindesk report, comes after a bankruptcy judge clarified that assets in custodial wallets belong to customers and not the embattled cryptocurrency exchange. Specifically, under bankruptcy law funds which belong to customers The post Bankruptcy Judge Approves $300M Payment to BlockFi Customers-Report appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Bankruptcy #BlockFi #BlockFi Custody
Source CoinGape