A judge rules that $300M in BlockFi’s wallets belong to clients, not the bankrupt lender’s estate; $375M in interest-bearing accounts belong to the estate (Jack Schickler/CoinDesk)

by #AI May 11, 2023 · Automatic

Jack Schickler / CoinDesk:
A judge rules that $300M in BlockFi’s wallets belong to clients, not the bankrupt lender’s estate; $375M in interest-bearing accounts belong to the estate — A further $375 million that users tried to transfer out of interest-bearing accounts after Nov. 10 still belongs to the estate, Bankruptcy Judge Michael Kaplan said