BlockFi: The success or failure of the claims lawsuit against FTX and Alameda will have an impact of over $1 billion on customer funds

2023-05-15 23:19:33
Collection

ChainCatcher news, in the liquidation plan submitted to the U.S. Bankruptcy Court for the District of New Jersey, BlockFi stated that the success or failure of the claims lawsuits against FTX and Alameda will make a difference of over $1 billion for customers waiting to recover their funds. The plan also lists an expected recovery schedule, including the liquidation of approximately $1.06 billion from BlockFi Inc., interest account claims of about $1.06 billion, claims from private customer accounts of BlockFi Lending LLC amounting to $216 million, and claims from private customers and interest accounts of BlockFi International Ltd. totaling $371 million. (source link)

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