Wednesday, January 8, 2025
Home > tradeonly

Bankrupt lender, BlockFi, files to convert ‘trade-only’ tokens into stablecoins

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlockFi, the now-defunct crypto lending company, has filed a court application to move “trade-only” assets from users’ accounts to stablecoins. This move follows the company’s ongoing efforts initiated in August to return users’ funds after previously closing

Read More

BlockFi asks court for permission to convert trade-only assets into stablecoins

Defunct crypto lending firm BlockFi has applied to a court to request the transfer of “trade-only” assets from its users’ accounts into stablecoins so the individuals could withdraw them. The request marks another step toward the return of users’ funds, a process that the company began in August. On Aug. 29,

Read More