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According to CoinDesk, a U.S. judge has ordered the termination of litigation between FTX and BlockFi, allowing the two companies to begin negotiating a settlement of claims.
BlockFi filed for bankruptcy following the collapse of FTX last year, with approximately $355 million in funds frozen and an additional $671 million owed by FTX's sister company, Alameda Research.
A U.S. judge has ordered the termination of the litigation between FTX and BlockFi, allowing the two companies to begin negotiating a settlement of claims. BlockFi filed for bankruptcy following FTX's collapse last year, with approximately $355 million in funds frozen and an additional $671 million owed by FTX's sister company, Alameda Research.
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