Bankrupt Crypto Lender BlockFi Initiates First Round of Customer Reimbursements

Bankrupt cryptocurrency lender BlockFi is set to begin returning funds to its customers this month, utilizing Coinbase as the distribution platform. This long-awaited development comes after BlockFi’s operations were suspended in May following the collapse of FTX, leading to a bankruptcy filing and a subsequent partnership with Coinbase to facilitate the return of customer assets. The post Bankrupt Crypto Lender BlockFi Initiates First Round of Customer Reimbursements appeared first on Coin Edition .

Source: Coin Edition