BlockFi Bankruptcy Presentation Deck
Peated by Brandon Bock Ọ Community Manager 1 month ago @o
268 Update from BlockFi
Announcement
B sprcomassons sprinkl.com/2024,...
We are shocked and dismayed by the news regarding FTX and Alameda We, Ske
the rest of the world, found out about this situation through Twitter
Disabling the User Interface
Given lack of clarity-
able to operate business as usual
Until there is
client withdr
Our priority has been and will continue to be to protect our clients and their
interests
soon as possi
Accounts at t
We intend to
that this will b
10,
status of FTX.com, FTX US and Alameda, we are not
BlockFi @BlockFi - Nov 10
We are shocked and dismayed by the news regarding FTX and Alameda. Wa
the rest of the world, found out about this situation through Twitter
Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we
able to operate business as usual.
Our priority has been and will continue to be to protect our clients and their
interests
Until there is further clarity, we are limiting platform activity, including pasir
client withdrawals as allowed under our Terms. We will share more specifics
www
soon as possible
We rec
ot deposit to BlockFi Walet or Ins
Accounts at this time.
We intend to communicate as frequently as possible going forward but anticipate
that this will be less frequent than what our clients and other stakeholders are used
to
November 10
Update to your account
We are shocked and dismayed by the news
regarding FTX and Alameda. Given the lack of
clarity on the status of FTX.com, FTX US and
Alameda, we are not able to operate business as
usual. Until there is further clarity, we are limiting
platform activity, including pausing client
withdrawals as allowed under our Terms.
We will share more specifics as soon as possible.
We request that clients not deposit to BlockFi Wallet
BlockFi
Interest Accounts at this time. For further
questions, please contact our Client Success
team.
Got it
November 11
12:17 p.m. (prevailing Eastern Time)
BlockFi publishes an update on their
website regarding the Platform
Pause and transmits the message
via email to all 650,000+ clients.
November 11
Cheela Decl. 167, Ex. Q; Cheela Decl. ¶ 68, Ex. R.
Stipulated Facts ¶ 20-21, 81, Ex. S, Ex. T, Ex. Q.
November 12-14
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BLOCKFINEWS
November 11, 2022 BlockFi Update
Published, 11 November, 2022
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Block Fi
November 11, 2022
BlockFi Update
As always, we want to provide important updates to you about our business as transparently, em
We are in the heartbreaking position of sharing the following news with you
We are shocked and dismayed by the news regarding FTX and Alameda. We, like the
situation through Twitter. Given the lack of clarity on the status of FIX.com, FTX US and A
as usual.
Our priority has been and will continue to be to protect our clients and their interests
Until there is further clarity, we are limiting platform activity, including pausing clien
We will share more specifics as soon as possible. We request that clients not deposit to Bloc
We intend to communicate as frequently as possible going forward but anticipate that
clients and other stakeholders are used to
For further questions, please feel free to contact our Client Success team
Last updated on November 11th, 2022
November 15 - 17
Dear DocFi Clients
BlockFi
BlockFi
As always, we want to provide important paste you
about
ur business es transparenty, empathetically and
We are in the heartbeaung position of sharing the following
1. We are secedent damayed by the
regarding FIX endAlameda. We, e the rest of the
world found out about this siunion through Twitter
Over the lack of clarity on the statue of FTX.com FIX
US and Alaneda, ve are not able to operate business
as usual
2.Our pionty has been and will continue to be to
potect our des and their interess
3. Until there is further clarity, we are limiting platform
adivily including pusing client withdrawals se allowed
under our Terms. We will share more spestis as soon
as possible. We request that clients not deposit o
Bi Walet s
Asal
4. We intend to communicace as frequently as possible
going forward but anticipate that this vi
frequent than what our clens and other stakeholders
are used to
For further questions, please teal free to contact our client
Success tam
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