BlockFi Creditors Push for Chapter 11 Trustee Amid Allegations of Fraud and Broken Promises

06/28 18:45

June 28 (Huobi) - BlockFi's Official Committee of Unsecured Creditors has filed a court document calling for a Chapter 11 trustee to be appointed, exclusivity periods to be terminated, or the cases to be converted to Chapter 7 proceedings. The UCC claims that BlockFi customers do not have a clear understanding of what happened, which is "facilitating case mischief."
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