FTX and Alameda Research To Settle BlockFi’s $874 Million Claim

A recent court filing has announced the “successful resolution” of the digital asset lender BlockFi’s financial claims against the bankrupt FTX. Reportedly, the asset lender has reached an “in principle” agreement of nearly $1 billion with FTX and Alameda Research. According to the court filing, FTX has agreed to pay up to $874 million in...