ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is.

More information on how to verify your identity and access your funds in a safe and secure way is available in the inboxes of eligible customers and on our blog: [4/4].

Verifying your identity is quick! It should take roughly 10 minutes, with two forms of ID and any additional paperwork completed and on-hand. [3/4].

Part of the reason is that we have seen increasingly sophisticated and targeted phishing attempts have made it harder to verify legitimate company communications. As an added layer of security, clients can now validate their identity in a safe and secure way - through our.

More information on this announcement is available on our blog:

BlockFi International customers may be contacted to provide information or documents required for such diligence, and the Plan Administrator will file a notice describing the process when it is confirmed with the relevant authorities so that customers can verify incoming.

At this time, international clients can expect to receive their funds on a longer timeline due to certain Bermuda regulatory requirements. These regulatory requirements may require further identity verification and “Know Your Customer” diligence for distributions that have not.

Clients who do not have a Coinbase account in good standing set up with matching information by August 23, 2024 will receive eligible distributions in cash.

If you are interested in and eligible to receive distributions in crypto, please make sure to set up your Coinbase account by AUGUST  23, 2024. More information regarding BlockFi Client Asset Distributions through Coinbase is available on our blog:

The BlockFi Estate is working to make final distributions as quickly as possible while maintaining the safety of client assets. US clients may be able to start receiving their final distributions over the next 90 days.

While these recoveries cannot undo the impact of the platform pause, efficiently distributing 100% of claim value to clients in the near future will be an extraordinarily positive outcome.

Earlier in July, the Plan Administrator successfully sold BlockFi’s outstanding claims against FTX for an amount in excess of the face value of the claims. As a result, the BlockFi Estate will be distributing 100% of the dollarized petition date value on all allowed customer.

BlockFi is pleased to announce that, based on the BlockFi Estate’s recovery efforts, clients can now expect to receive 100% of your eligible claim from the BlockFi Estate.

Please keep in mind that client communications will exclusively occur via official email channels, on social media @BlockFi, via our claims agent, Kroll (blockfiinfo@ra.kroll.com or BlockFiBankruptcyNoticing@noticing.ra.kroll.com), or Kroll’s claims distribution partner Digital.

Please find all the information related to Coinbase distribution on the Coinbase Help Page ( and the BlockFi Client FAQs page (.

The distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account email on file. Please note that non-US Clients are unable to receive funds at this time due to the regulatory requirements applicable to.

As described in our previously announced Coinbase distribution partnership blog post (, BlockFi will commence first interim crypto distributions through Coinbase in July 2024.

Please visit our blog post for additional information:

In order to access your transaction history and tax documents, log into the BlockFi web platform, and navigate to Reports from the top right hand corner menu where you will find available data that you can download.

We advise all clients to download their transaction history, tax forms, and any other important data from the platform prior to the shutdown date.