BlockFi Bankruptcy Presentation Deck slide image

BlockFi Bankruptcy Presentation Deck

Disabling the User Interface November 10 4 268 November 11 Posted by u/Brandon BlockFi Community Manager 1 month ago O Update from BlockFi Announcement spredn-assets.sprinklr.com/2024/d... C We are shocked and dismayed by the news regarding the rest of the world, found out about this situation t Given the lack of clarity on the status of FTX.com, FT able to operate business as usual. Our inority has been and will continue to be to prote Until there is further clarity, we are limiting platform i client withdrawals as allowed under our Terms. We w soon as possible. We request that clients not deposit Accounts at this November 10 8:15 p.m. (prevailing Eastern Time) BlockFi implements Platform Pause. We intend to communicate as frequently as possible that this will be less frequent than what our clients an to. Cheela Decl. 172, Ex. J. Stipulated Facts [Docket No. 842], ¶ 17, Ex. P and Ex. Q. November 12-14 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 soon as possible. We request that clients not deposit to BlockFi Wallet or Interest Accounts at this time. BlockFi 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 15 - 17 BlockFi November 18 26
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