BlockFi receives approval from US court to repay 100% of customer funds

BlockBeats news, July 26, according to Finance Feeds, the bankrupt cryptocurrency lending company BlockFi has been approved by the US court to repay its customers and unsecured creditors.

The US Bankruptcy Court for the District of New Jersey approved the company's plan on Thursday, allowing BlockFi to repay 100% of customer funds. The court's approval means that its customers can now expect a full refund.