Bankruptcy Judge Approves $300M Payment to BlockFi Customers-Report

1 year ago 814

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

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Source: coingape.com
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