“Simply put, the [clients] were unable to, and did not, effectuate any transactions on the BlockFi platform beginning the moment of the Platform Pause Time Stamp,” the filing said, referring to the exact time (on Nov. 10, 2022 at 8:15 p.m. Eastern Time) when withdrawals were halted.
Related posts
-
Crypto Shake-Up: Bitcoin ETFs Plummet as Ether Funds Surge Ahead
On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while... -
3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves
Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs)... -
Coinbase Dumps Failed Tactics – Crypto Millions Now Flow to Policy Gamechangers
Coinbase’s CEO unveils a bold plan to end failed...