BlockFi's bankruptcy reorganization plan has been approved by creditors

ChainCatcher news, according to CoinDesk, an email sent by BlockFi to creditors shows that BlockFi's creditors have approved its bankruptcy reorganization plan. BlockFi stated that this reorganization plan has received approval from over 90% of creditors, which will allow BlockFi to recover assets lost due to the collapse of cryptocurrency exchange FTX and Three Arrows Capital. BlockFi also mentioned that the plan still requires approval from the bankruptcy court to be finalized.