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ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is that? … 🧵[1/4]
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ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is that? … 🧵[1/4]
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More information on how to verify your identity and access your funds in a safe and secure way is available in the inboxes of eligible customers and on our blog: blockfi.com/verify-identity-… [4/4]
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Earlier in July, the Plan Administrator successfully sold BlockFi’s outstanding claims against FTX for an amount in excess of the face value of the claims. As a result, the BlockFi Estate will be distributing 100% of the dollarized petition date value on all allowed customer claims.
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BlockFi International customers may be contacted to provide information or documents required for such diligence, and the Plan Administrator will file a notice describing the process when it is confirmed with the relevant authorities so that customers can verify incoming requests.
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More information on this announcement is available on our blog: blockfi.com/blockfi-estate-w…
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As described in our previously announced Coinbase distribution partnership blog post (blockfi.com/blockfi-coinbase…), BlockFi will commence first interim crypto distributions through Coinbase in July 2024.
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Please find all the information related to Coinbase distribution on the Coinbase Help Page (help.coinbase.com/en/coinbas…) and the BlockFi Client FAQs page (blockfi.com/coinbase-distrib…).
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Please keep in mind that client communications will exclusively occur via official email channels, on social media @BlockFi, via our claims agent, Kroll (blockfiinfo@ra.kroll.com or BlockFiBankruptcyNoticing@noticing.ra.kroll.com), or Kroll’s claims distribution partner Digital Disbursements (noreply@digitaldisbursements.com) or from Coinbase (CBBlockFiExchDistro@coinbase.com or info@mail.coinbase.com). Do not communicate via any other channels.
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