TechFlow reported that cryptocurrency lending company BlockFi said it expects to complete work and necessary testing this summer, allowing some customers to begin recovering their funds.
"At that time, we will be able to start permitting customers to withdraw digital assets held in their BlockFi wallet accounts that are not subject to potential preferential claims," the company said in an email to customers on Monday.
BlockFi stated that any withdrawals must be conducted in batches, and eligible customers will receive email notifications from the company. In the meantime, the company advises users to set up third-party wallets for fund withdrawals.
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