Bankrupt Crypto Lender BlockFi Files Motion To Return Client Assets
BlockFi recently filed a motion requesting power from the US Bankruptcy Court to allow its users to withdraw digital assets locked up in wallet accounts on the platform. The bankrupt crypto lending platform also asked for permission to update its user interface to duly reflect transactions as of the platform’s halt. A host of users shared the e-mails they received from BlockFi on social media platforms like Twitter. Notably, the firm labeled the motion an “important step” towards its goal of returning assets to clients via its Chapter 11 cases. The mail further asserted, “ It is our belief that clients unambiguously own the digital assets in their BlockFi Wallet Accounts. “ Just got this email from #BlockFi, did you? #Blockchain #Celsius #FTXScam #FTX Bankruptcy pic.twitter.com/p5ijqnIckp — ⬡EMPΞROR⬡ (@freeglobetrekk) December 19, 2022 Also Read: BlockFi sues Sam Bankman-Fried over $575M Robinhood Shares Motion D...