BlockFi claims ended on May 15, with non-US customers claiming only 43%
Editor
2025-04-02 20:02 1,251
Share to:
According to Golden Finance, the bankrupt cryptocurrency lending platform BlockFi announced that creditors must complete the asset allocation claim before May 15, 2025, otherwise the unclaimed assets will be transferred to other unsecured creditors. Currently, the claim rate of US customers has reached 97%, while only 43% of non-US customers have completed the claim. BlockFi said the low claim rate may be because some customers mistakenly regard claim notices as spam or phishing attacks. The company stressed that some customers may need to complete KYC authentication to obtain asset allocation.
BlockFi filed for bankruptcy protection in November 2022 and announced in July 2024 that it would allocate assets at 100% of the US dollar value of the client's claims at the time of bankruptcy filing. The company is now urging all eligible customers who have not completed their claim to act as soon as possible to avoid missing deadlines.