BlockFi Bankruptcy Presentation Deck
Peated by Brandon Bock Ọ Community Manager 1 month ago @0
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. We, like
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 are not
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 pausing
client withdrawals as allowed under our Terms. We will share more specifics as
www
We rec
soon as possible
Accounts at this time.
ot deposit to BlockFi Wallet or Interest
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
> BlockFi
November 11
12:14 p.m. (prevailing Eastern Time)
BlockFi posts an in-app, "dismissible"
pop-up message, available to all of
BlockFi's clients using Android and
iOS devices.
BlockFi clients needed to click the
"Got It" button to enter into the app.
November 11
Cheela Decl. 166, Ex. P.
Stipulated Facts [Docket No. 842], ¶ 19, Ex. S.
November 12-14
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
or Interest Accounts at this time. For further
questions, please contact our Client Success
team.
November 15 - 17
Got it
BlockFi
X
November 18
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