Breaking: BlockFi Settles with U.S. DOJ, $35M Lawsuit Dismissed
⚖️Bankrupt crypto lender BlockFi has reached a settlement with the U.S. Department of Justice, leading to the dismissal of a $35M asset dispute related to funds tied to an Estonian fraud case.
📉BlockFi, which collapsed post-FTX in November 2022, still owes around $10B to nearly 100,000 creditors. The final customer withdrawal deadline was previously set for April 28, 2024.
