BlockFi Settles With FTX, Alameda Estates for $874.5M

BlockFi Settles With FTX, Alameda Estates for 4.5M



“We’re happy to have been in a position to attain a consequence, with the help of Decide Goldblatt, that enables BlockFi’s claims towards FTX for the total worth of loans to Alameda and belongings on the FTX change, waives “clawback” claims by FTX that would diminish these claims, and offers BlockFi with {a partially} secured declare,” Kenneth Aulet, companion at Brown Rudnick, which represented the Committee of Unsecured Collectors, mentioned in an emailed assertion. “[It is] a superb end result for BlockFi’s clients and collectors.”

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