The claim submission deadline for BlockFi is May 15.

The bankrupt cryptocurrency lending company BlockFi has stated that creditors must claim their allocated assets by May 15. So far, 97% of U.S. customers have claimed their allocations, while only 43% of non-U.S. customers have received theirs. According to bankruptcy law, assets that remain unclaimed by customers before the May 15 deadline will be shared among lower-ranking unsecured creditors. BlockFi filed for bankruptcy in November 2022 and announced a plan in July 2024 to fully repay 100% of the corresponding dollar value based on the claims of customers at the time of the bankruptcy filing. (CoinDesk)