Approval of Bankrupt Crypto Platform’s $10M Bonus Claim

Bankruptcy crypto loan platform BlockFi’s request to give bonuses to employees was accepted by the court.

BlockFi Chief of Human Resources (CPO) A request by Megan Crowell that the company be able to provide bonuses and financial incentives to employees, recently brought to court approved. BlockFi said that the request was made for key employees throughout the company’s bankruptcy process. not to lose announced that it was created in his name.

Judge Michael Kaplanthe demand to the company and employees progress and maximize efficiency from approving the request by stating that it offers the opportunity to that you are happy expressed.

The cost of bonuses to be distributed under the employee protection program according to the information conveyed 10 million dollars will find. Additional to salaries depending on the roles of the employees 9% to 42.5% will be given at the rate bonuses throughout the year three installments in case of payment.

BlockFi in the past important its employees Walmart, Google and Block Inc. to large companies, including you’ve lost had stated. company lawyer Rush Howellemployees in the period since the company filed for bankruptcy protection. to 10% corresponding 11 employees he said he lost.

On the other hand, recently BlockFi’s 68k Bitcoin (BTC) mining device supported by 160 million dollars It was reported that he planned to sell the loan.

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