BlockFi’s bankruptcy moves forward with creditor vote
BlockFi announces the start of its Chapter 11 solicitation period, allowing creditors to vote on the bankruptcy plan. Blockfi has announced via Twitter that the solicitation period for creditor s under Chapter 11 has begun. During this time, the creditor s can vote on Blockfi’s bankruptcy plan. The Solicitation Period in BlockFi’s Chapter 11 Cases is now starting. During this period, all eligible creditor s will have the opportunity to vote on our Chapter 11 Plan. — BlockFi (@BlockFi) August 15, 2023 The company stated that all creditor s would receive the information under the solicitation package via email. They can submit the ballot until Sep. 11, 2023. The solicitation package includes all the data regarding the eligibility of each creditor and the steps to be followed for completing the ballot. After the solicitation period is over and the plan is approved, Chapter 11 will finish, and customers can get their refunds. You might also like: BlockFi victims set t...