BlockFi Settles With FTX, Alameda Estates for $874.5M. https://www.coindesk.com/resizer/Pk5vWrmV6jl1lNYWVVJc9wdW6Wo=/975x548/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/BXTU66VXJJD3TBG64QJME5XXRI.jpg
This negotiated agreement represents an excellent outcome for BlockFi and its customers – one better than could have been anticipated even on the effective date of the Plan," BlockFi's bankruptcy administrators wrote in the filing. "[This Plan] ensures that money reserved for litigation with FTX is directed instead to customer distributions.
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