According to Cointelegraph, BlockFi's bankruptcy administrator and the United States Department of Justice (DOJ) have reached an agreement to dismiss a lawsuit involving the transfer of $35.000 million in crypto assets. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case originated in May 2023, when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming it was related to a criminal fraud case. According to the settlement terms, the case was "dismissed with prejudice," with each party bearing its own legal fees. It is worth noting that BlockFi declared bankruptcy in November 2022 after the FTX collapse, currently owes approximately 100,000 creditors a total of $10.000 billion, and has set April 28, 2024 as the deadline for customers to withdraw their remaining crypto assets. [Foresight News]

BlockFi's bankruptcy liquidators have reached a settlement with the U.S. Department of Justice (DOJ) regarding a $35.00 million cryptocurrency asset transfer lawsuit. The case has now been dismissed by the court "with prejudice," meaning it cannot be refiled. The lawsuit was initially filed by the DOJ in May 2023 and involved the seizure of funds from the BlockFi accounts of two Estonian suspects. The criminal case was unrelated to BlockFi's bankruptcy proceedings. BlockFi had previously reached an $875.00 million settlement with FTX and had its bankruptcy reorganization plan approved in September 2023. [Cointelegraph]

BlockFi Bankruptcy Liquidators Reach Settlement with U.S. Department of Justice in $35.000 Million Crypto Asset Transfer Lawsuit

July 12th, the BlockFi trustee has reached an agreement with the U.S. Department of Justice (DOJ) to dismiss a lawsuit involving a $35 million cryptocurrency asset transfer. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case stemmed from a May 2023 incident when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, alleging a connection to an ongoing criminal fraud case. Under the terms of the settlement, the case has been "dismissed with prejudice," and each party will bear its own legal fees. It is worth noting that BlockFi declared bankruptcy following the FTX collapse in November 2022 and currently owes approximately $10 billion to around 100,000 creditors. The deadline for customers to withdraw remaining cryptocurrency assets has been set for April 28, 2024. (Cointelegraph) [BlockBeats]

BlockFi Trust Company LLC is immensely pleased to announce that an agreement has been reached between the company's Chapter 11 Trustee and the United States Department of Justice, resulting in the dismissal of a $35 million lawsuit.

On July 12, BlockFi's bankruptcy administrator and the United States Department of Justice (DOJ) reached an agreement to dismiss a lawsuit involving the transfer of $35,000,000.00 in crypto assets. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case stemmed from May 2023, when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming it was related to a criminal fraud case. According to the settlement terms, the case was "dismissed with prejudice," with each party bearing its own legal fees. It is worth noting that BlockFi declared bankruptcy in November 2022 after the FTX collapse, currently owes approximately 100,000 creditors a total of $10,000,000,000.00, and has set April 28, 2024 as the deadline for customers to withdraw their remaining crypto assets. (Cointelegraph) [BlockBeats]

BlockFi bankruptcy administrator reaches settlement with U.S. Department of Justice, dismissing $35.00 million lawsuit

On July 12, BlockFi's bankruptcy administrator and the United States Department of Justice (DOJ) reached an agreement to dismiss a lawsuit involving the transfer of $35,000,000.00 in crypto assets. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case originated in May 2023, when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming it was related to a criminal fraud case.

According to the settlement terms, the case was "dismissed with prejudice," with each party bearing its own legal fees. It is worth noting that BlockFi declared bankruptcy in November 2022 after the FTX collapse, and currently owes approximately 100,000 creditors a total of $10,000,000,000.00, and has set April 28, 2024 as the deadline for customers to withdraw their remaining crypto assets. (Cointelegraph) [BlockBeats]

BlockFi Bankruptcy Manager Reaches Settlement with U.S. Department of Justice, Dismissing $35.00 Million Lawsuit

On July 12 (UTC+8), BlockFi's bankruptcy administrator and the United States Department of Justice (DOJ) reached an agreement to dismiss a lawsuit involving the transfer of $35.000 million in crypto assets. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case originated in May 2023, when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming it was related to a criminal fraud case. According to the settlement terms, the case was "dismissed with prejudice," with each party bearing its own legal fees. It is worth noting that BlockFi declared bankruptcy in November 2022 after the FTX collapse, currently owes approximately 100,000 creditors a total of $10.000 billion, and has set April 28, 2024 as the deadline for customers to withdraw their remaining crypto assets. (Source: Bitpush) [MetaEra]

BlockFi Bankruptcy Administrator Reaches Settlement with U.S. Department of Justice, Dismissing $35.00 million Lawsuit

On July 12, Cointelegraph reported that BlockFi's bankruptcy administrator has reached an agreement with the United States Department of Justice (DOJ) to dismiss a lawsuit involving the transfer of $35.00 million in crypto assets. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case originated in May 2023, when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming it was related to a criminal fraud case. According to the settlement terms, the case was "dismissed with prejudice," with each party bearing its own legal fees. It is worth noting that BlockFi declared bankruptcy in November 2022 after the FTX collapse, currently owes approximately 100,000 creditors a total of $10.00 billion, and has set April 28, 2024 as the deadline for customers to withdraw their remaining crypto assets. [Deep Tide TechFlow]

BlockFi’s bankruptcy administrator and the DOJ have settled a $35 million crypto asset transfer lawsuit.

BlockFi bankruptcy administrator and DOJ agree to dismiss $35M lawsuit

据Cointelegraph报道，BlockFi的破产管理人和美国司法部（DOJ）已达成协议，撤销一宗涉及转移350亿美元加密资产的诉讼。新泽西破产法院法官Michael B. Kaplan于周五批准了该协议。此案始于2023年5月，当时司法部试图查封归属于两名爱沙尼亚公民的BlockFi账户中的资金，称其涉及一宗刑事欺诈案件。根据和解条款，此案被“有偏见地驳回”，双方各自承担法律费用。值得注意的是，BlockFi在FTX崩盘后于2022年11月宣告破产，目前欠约10万名债权人共计1000亿美元，并已将2024年4月28日定为客户提取剩余加密资产的截止日期。[Foresight News]

BlockFi破产管理人已与美国司法部达成和解，驳回了3500万美元的诉讼

據Cointelegraph報道，BlockFi的破產管理人和美國司法部（DOJ）已達成協議，撤銷一宗涉及轉移350億美元加密資產的訴訟。新澤西破產法院法官Michael B. Kaplan於週五批准了該協議。此案始於2023年5月，當時司法部試圖查封歸屬於兩名愛沙尼亞公民的BlockFi賬戶中的資金，稱其涉及一宗刑事欺詐案件。根據和解條款，此案被“有偏見地駁回”，雙方各自承擔法律費用。值得注意的是，BlockFi在FTX崩盤後於2022年11月宣告破產，目前欠約10萬名債權人共計1000億美元，並已將2024年4月28日定爲客戶提取剩餘加密資產的截止日期。[Foresight News]