BlockFi Re-Opens Withdrawals, Lets Users Access Funds After Emerging from Bankruptcy
- BlockFi emerges from bankruptcy and opens wallet withdrawals
- U.S. and international users can now submit withdrawal requests
- Withdrawals available for most Wallet customers; BIA and Loan customers can withdraw in 2024
- Bankruptcy plan effective as of October 24, 2023
- BlockFi will attempt to recover assets from 3AC, FTX
- First BIA and Loan distributions expected in early 2024