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BlockFi has filed a motion with the court to convert assets that are limited to trading into stablecoins to facilitate user withdrawals

Sep 19, 2024 05:02:33

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ChainCatcher news, according to Cointelegraph, the bankrupt cryptocurrency lending company BlockFi has filed a request with the court to transfer the assets in user accounts that are for trading only into stablecoins, so that individuals can withdraw these assets.

It is reported that this request marks another step for the company in returning user funds, a process that was initiated in August.

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