Lending firm BlockFi has filed a motion that could allow customers to withdraw funds from their wallets, according to an email that was leaked on Dec. 19.
That message indicates that BlockFi submitted its filing to the U.S. Bankruptcy Court in order to gain authorization which will allow customers to withdraw funds from their BlockFi Wallet Accounts. BlockFi is also seeking relief from the Supreme Court of Bermuda so as to allow customers to withdraw assets from its international platform.
BlockFi said that it believes that its clients “unambiguously own the digital assets” in their wallet accounts. It further noted that seeking authorization through the above legal process is a “necessary step towards ensuring all clients are treated fairly,” adding that it aims to ensure that it can honor all requests properly.
BlockFi clarified that the motion does not concern withdrawals and transfers from Interest Accounts, which are separate from main accounts and remain frozen.
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