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BlockFi Settles With FTX, Alameda Estates for $874.5M

March 7, 2024
in Crypto Updates
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“We’re happy to have been in a position to attain a outcome, with the help of Choose Goldblatt, that enables BlockFi’s claims towards FTX for the complete worth of loans to Alameda and property on the FTX alternate, waives “clawback” claims by FTX that would diminish these claims, and offers BlockFi with {a partially} secured declare,” Kenneth Aulet, associate at Brown Rudnick, which represented the Committee of Unsecured Collectors, mentioned in an emailed assertion. “[It is] a wonderful final result for BlockFi’s prospects and collectors.”



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Tags: 874.5MAlamedaBlockFIEstatesFTXsettles
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