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News Explorer — How to Get Your Crypto Back from Failed Exchange BlockFi

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Jul 24, 9:09 pm

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How to Get Your Crypto Back from Failed Exchange BlockFi

Failed crypto lending firm BlockFi will begin repaying former customers in cryptocurrency through Coinbase. Customers will need a Coinbase account that matches their BlockFi credentials to retrieve their funds. Non-U.S. customers will not receive distributions, but efforts are being made to establish a repayment plan for them. Cash repayments will be handled separately by financial advisory firm Kroll and Digital Disbursements.

Failed crypto lending firm BlockFi will begin repaying former customers in cryptocurrency through Coinbase. Customers will need a Coinbase account that matches their BlockFi credentials to retrieve their funds. Non-U.S. customers will not receive distributions, but efforts are being made to establish a repayment plan for them. Cash repayments will be handled separately by financial advisory firm Kroll and Digital Disbursements.

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