Crypto Lender BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says

“The court finds that all digital assets held by the debtors in custodial omnibus wallets are indeed client property, and not property of the bankruptcy estates, subject, of course, to possible avoidance and clawback rights,” Kaplan said, but had less happy news for BIA customers.

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