BlockFi Gets Court’s Approval to Return $297 Million to Customers

BlockFi Gets Court’s Approval to Return $297 Million to Customers

Bankrupt crypto lender BlockFi received court permission on Thursday to return $297 million (roughly Rs. 2,439 crore) to customers with non-interest-bearing accounts, without repaying customers who had tried to move funds into those accounts at the last minute. US Bankruptcy Judge Michael Kaplan in Trenton, New Jersey ruled that customers…