BlockFi’s Ch. 11 Plan Confirmed With Opt-Out Releases Intact
A New Jersey bankruptcy judge approved the Chapter 11 plan of cryptocurrency platform BlockFi Inc. on Tuesday, overruling opposition from the Office of the United States Trustee to the releases being granted by third parties because they had the opportunity to opt out of the release provisions.
BlockFi is represented by Michael D. Sirota and Warren A. Usatine.
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