BlockFi reaches $875 million settlement with FTX, Alameda research
BlockFi, the crypto-lender company that almost went bankrupt twice during the crypto crises in 2022, reached an agreement in principle with FTX and Alameda for a payment of $875 million. The agreement was also officially stated in court documents. If BlockFi can get this payment from FTX and Alameda, it will also have the opportunity to pay its customers in full.