The exchange will begin paying back the users it failed to protect from a security breach Failed cryptocurrency exchange BlockFi has announced that it will begin reimbursing its customers starting this month. The news comes as a relief to the countless users who were left in a state of uncertainty after the exchange’s sudden collapse
The company will allow some customers in certain markets to retrieve their funds BlockFi has announced it will begin paying back US and international creditors, according to a blog post on October 24. Withdrawals “are currently available to nearly all Wallet customers,” says the post, which also declares that BlockFi Interest Account (BIA) and Loan
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