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Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

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Source: Bitcoin.com

Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor RepaymentsOnchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing their onchain holdings up to […]

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Author: Bitcoin.com

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  4. Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
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