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ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is that? … 🧵[1/4]
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ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is that? … 🧵[1/4]
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Verifying your identity is quick! It should take roughly 10 minutes, with two forms of ID and any additional paperwork completed and on-hand. [3/4]
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More information on how to verify your identity and access your funds in a safe and secure way is available in the inboxes of eligible customers and on our blog: blockfi.com/verify-identity-… [4/4]
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Earlier in July, the Plan Administrator successfully sold BlockFi’s outstanding claims against FTX for an amount in excess of the face value of the claims. As a result, the BlockFi Estate will be distributing 100% of the dollarized petition date value on all allowed customer claims.
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BlockFi International customers may be contacted to provide information or documents required for such diligence, and the Plan Administrator will file a notice describing the process when it is confirmed with the relevant authorities so that customers can verify incoming requests.
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More information on this announcement is available on our blog: blockfi.com/blockfi-estate-w…
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BlockFi is pleased to announce that, based on the BlockFi Estate’s recovery efforts, clients can now expect to receive 100% of your eligible claim from the BlockFi Estate.
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As described in our previously announced Coinbase distribution partnership blog post (blockfi.com/blockfi-coinbase…), BlockFi will commence first interim crypto distributions through Coinbase in July 2024.
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Please find all the information related to Coinbase distribution on the Coinbase Help Page (help.coinbase.com/en/coinbas…) and the BlockFi Client FAQs page (blockfi.com/coinbase-distrib…).
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Please keep in mind that client communications will exclusively occur via official email channels, on social media @BlockFi, via our claims agent, Kroll (blockfiinfo@ra.kroll.com or BlockFiBankruptcyNoticing@noticing.ra.kroll.com), or Kroll’s claims distribution partner Digital Disbursements (noreply@digitaldisbursements.com) or from Coinbase (CBBlockFiExchDistro@coinbase.com or info@mail.coinbase.com). Do not communicate via any other channels.
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We advise all clients to download their transaction history, tax forms, and any other important data from the platform prior to the shutdown date.
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In order to access your transaction history and tax documents, log into the BlockFi web platform, and navigate to Reports from the top right hand corner menu where you will find available data that you can download.
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Please visit our blog post for additional information: blockfi.com/blockfi-platform…
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