Bankrupt crypto lender BlockFi filed a motion yesterday with the U.S. Bankruptcy Court for the District of New Jersey for users who have crypto locked in wallet accounts to be able to withdraw said assets.
In an official email sent to its customers, BlockFi reasserted that funds locked in wallet accounts undeniably belonged to their customers, and so should be allowed to be withdrawn.
The crypto lender had suspended withdrawals the same day that FTX filed for Chapter 11 bankruptcy, and had filed itself for Chapter 11 bankruptcy protection on Nov. 28.
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