BlockFi emerges from bankruptcy less than a year after FTX collapse

BlockFi announced Tuesday that it is emerging from bankruptcy.

The company can now seek assets it’s allegedly owed from FTX, Three Arrows Capital and “other companies” according to a statement. 

BlockFi says it will continue to distribute digital assets back to customers and “continue the claims reconciliation process to ensure that client claims are accurately reflected in both asset class and amount and that clients receive fair and equitable distributions of remaining and recovered assets.”

BlockFi said most wallet customers are able to withdraw assets and therefore can submit withdrawal requests. Additionally, BlockFi plans to start distributing assets to loan and BlockFi…

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