BlockFi Resolves Dispute With FTX And Alameda Research For Nearly $1 Billion | Bitcoinist.com

In a significant development, crypto lender BlockFi has reached an “in principle” agreement with the estates of bankrupt FTX and its trading arm Alameda Research to settle nearly $1 billion in claims.

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BlockFi hails ‘excellent outcome’ in $875 million settlement with FTX

Bankrupt crypto firms FTX and BlockFi have reached an in-principle agreement to settle all litigation and disputes for nearly $900 million, according to a Mar. 6 court filing.
Under the terms, BlockFi will receive $185.2 million in compensation for customer claims against the FTX debtors.

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