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BlockFi urges international creditors to claim bankruptcy distributions before the May 15th deadline.

2025-04-02

A recent announcement reveals that while nearly all US customers (97%) have received their distributions, only 43% of international customers have done so. The cryptocurrency lender, which filed for bankruptcy in November 2022 following the FTX fallout, completed its bankruptcy proceedings and announced a plan in July 2024 to return 100% of the dollar value of customer claims as they stood at the time of the filing.

Time is running out for non-US customers to secure their assets.

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