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BlockFi to Repay Former Customers Through Coinbase

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Jul 24, 2024

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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