Bankrupt crypto lending company BlockFi has sought permission from the court to return cryptocurrencies in their wallets to customers.
BlockFi December 19 in a statement submitted to the court on 10 November cryptocurrencies in their frozen accounts since Returning asked for permission. In addition, the statement will be brought to the platform so that the transactions can be carried out properly. an interface update Court authorization was requested.
The company sends a in the notification messagethe statement to the court is covered by section 11 restructuring law solving customer grievances on the way a big step described as. In addition, another subsidiary of the company, at BlockFi International Ltd pertaining to wallet accounts to the Bermuda Supreme Court a similar application was also included in the comments. In the BlockFi descriptions, the application in interest accounts balances that you don’t include underlined.
BlockFi’s request, according to court documents January 9, 2023 will be considered at a court date. Moreover January 13, 2023 The company filed an application with the Bermuda Supreme Court. Waiting.
Investors are on social media, BlockFi’s your determined moves congratulated. The consultant of the company, which applied to the restructuring court due to the liquidity problems experienced after FTX’ bankruptcy Mark Renzi, Instead of BlockFi selling the remaining assets announced that it plans to restructure and in this process even though they thought of not getting a loan had drawn attention.