Customers of bankrupt BlockFi Inc. are objecting to the cryptocurrency lender’s attempt to undo hundreds of millions of dollars worth of their crypto withdrawals made shortly before its bankruptcy in November.
Calling the dispute a user interface issue, BlockFi last month said that customers sought to withdraw assets on its platform even though the company had frozen accounts on Nov. 10.
BlockFi contends that the transfers didn’t actually occur and asked the court for permission to adjust its user interface to reflect what it said is the “proper accounting of digital assets” in its accounts.
An ad hoc committee representing ...
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