A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...

BlockFi's collapse began with Do Kwon's Terra implosion, which triggered contagion across crypto lending platforms in the brutal winter of 2022.

After ordering preliminary approval for a $13-million settlement, a judge scheduled a December hearing that could determine whether more than 89,000 BlockFi users received funds.