BlockFi Bankruptcy Presentation Deck slide image

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 Back to blog BLOCKFINEWS November 11, 2022 BlockFi Update Published, 11 November, 2022 Share article in 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 31
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