BlockFi: The company will be liquidated and will start returning

Bankrupt crypto lending platform BlockFi has filed a disclosure statement that will provide customers with the information they need to make an informed decision on whether to vote for BlockFi’s plans. These include: Projected Recovery, a disclosure statement containing projected recovery schedules for each type of claim; Timing of Allocation, that BlockFi will continue to pursue claims and causes of action against Alameda and FTX, as well as other commercial counterparties, after the initial asset distribution; Wallet Clients, the plan states Full return of non-legacy digital assets held in client wallet accounts associated with the wallet program, subject to applicable set-off; clients will receive a release from BlockFi of any recovery claims that may be filed against them, including in 2022 Transfers made prior to the platform suspension on November 10th.