BlockFi requested a court order on December 19 allowing users to access funds locked on its platform. 
The US Bankruptcy Court is expected to approve the motion on January 9, 2023. 
At the beginning of FTX’s crisis on November 10, the crypto lender halted withdrawals of users’ funds.
The crypto lender almost went bankrupt after liquidating 3AC capital earlier this year. 
To stay afloat in challenging market conditions, the firm earlier received $250 million from FTX.

In a new motion filed in the United States Bankruptcy Court on December 19, BlockFi requested the court to let users access funds locked on the platform. 
Recall that on November 10, the crypto lender halted the withdrawal of users’ funds on its platform at the beginning of FTX’s crisis.
Currently, BlockFi is involved in two bankruptcy proceedings, as the United States and international branch of the crypto lender filed for Chapter 11 bankruptcy on November 28.
According to court documents, the mot

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