akashgoswami_’s avatarakashgoswami_’s Twitter Archive—№ 7,422

    1. What I think will probably happen to BlockFi customer funds: • Customers will be treated as "unsecured creditors" • This puts them at the back of the queue of creditors that are owned money • Secured creditors will be the first to be paid back (along with legal fees) (1/2)
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  1. …in reply to @akashgoswami_
    • Customers will likely be paid last on a pro-rata basis on what is left • There's a very high chance this will take a long time and most people will basically get nothing TL;DR - If you had money in BlockFi, you're probably not going to get it back sadly 💸 (2/2)
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