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CoinOtag 2024-07-18 07:15:04

BlockFi to Begin Payouts in Bitcoin, Ethereum, and USDT via Coinbase for Eligible Users This Month

BlockFi, the insolvent crypto lending company, is set to begin payments to its users this month. The company has announced that it will distribute cryptocurrencies via Coinbase, in alignment with a previous agreement. BlockFi’s insolvency, filed in November 2022, was largely due to loans made to Alameda, a subsidiary of the now-bankrupt crypto firm FTX.

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