Doulitsa Press Release Submission

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BlockFi receives permission to return $297M to certain customers

BlockFi received permission to return $297 million to certain customers as part of its bankruptcy proceedings, Reuters said on May 11. Specifically, the company is permitted to return those funds to customers who held funds in BlockFi’s Wallet rather than its interest-bearing accounts. Judge Michael Kaplan ruled that although wallet users owned their deposits…
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