BlockFi has announced that it will begin the first temporary distribution of crypto assets through Coinbase in July. The complete distribution process will be processed in batches over the next few months, and eligible customers will be notified by email of their BlockFi account. Non-US customers are currently unable to receive funds due to applicable regulatory requirements of the relevant regulations.
Previously, it was reported that the bankrupt crypto CeFi platform BlockFi shut down and stopped withdrawing coins in May this year. Assets that fail to withdraw coins in time will not be liquidated into cash, but will be provided with funds in physical form. If users create or have an open and approved Coinbase account, they can withdraw from Coinbase thereafter.
BlockFi will start distributing assets through Coinbase in July to users who previously "failed to withdraw their coins in time"
2024-07-17 16:40:02
Blockfi announced passed coinbase start first time temporary encrypteddesk3cryptocurrencydesktopCrypto News
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