BlockFi to Shut Operations, Return Crypto Assets to Customers

BlockFi to Shut Operations, Return Crypto Assets to Customers

BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in thecryptocurrency industry following FTX‘s collapse.  Jersey City, New Jersey-Based BlockFi will continue to pursue additional payments through the bankruptcies of other crypto companies including FTX and Three Arrows Capital under a bankruptcy plan approved…