BlockFi, a bankrupt crypto lending platform, has announced that creditors must submit their asset claims by May 15. If claims are not submitted by this deadline, unclaimed assets will be distributed to other unsecured creditors as per bankruptcy law. As of now, 97% of US users have claimed their compensation, while only 43% of non-US users have done so. BlockFi advises customers to verify the authenticity of emails and complete the KYC verification process to expedite payments.

PANews reported on April 2 that according to CoinDesk, the bankrupt crypto lending platform BlockFi issued an announcement stating that customers must complete asset claims before May 15, otherwise the unclaimed assets will be distributed to other unsecured creditors in accordance with bankruptcy law. Currently, 97% of US users have claimed compensation, but only 43% of non-US users. The company reminds customers to verify the authenticity of the email and complete the KYC verification process to speed up the payment.

BlockFi Calls for Creditors to Submit Claims by May 15 Deadline