BlockFi Official Committee of Unsecured Creditors

Official Twitter feed for the BlockFi Official Committee of Unsecured Creditors.

[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

BlockFi’s Creditors’ Committee has prepared a 25 page presentation that provides an update on the status of BlockFi’s Chapter 11 cases. The presentation also answers many commonly asked questions. The presentation can be viewed here: https://t.co/4bKlp3bBvB

[BlockFi @BlockFi]

This is a reminder for clients eligible to withdraw digital assets from your BlockFi Wallet account.

[BlockFi @BlockFi]

BlockFi’s management, advisors and other stakeholders worked diligently over the past 11 months to reach this critical milestone. We are proud to say that BlockFi reached its Effective Date more quickly and efficiently than many other retail crypto companies.

[BlockFi @BlockFi]

BlockFi is pleased to announce that its bankruptcy plan (the “Plan”) is effective and the company has emerged from bankruptcy as of October 24, 2023 (the “Effective Date”).

[BlockFi @BlockFi]

BlockFi is not making any outbound phone calls to clients at this time. Please visit our Client Security Awareness blog post for additional information on how to maintain vigilance against potential scams. https://t.co/ty6BpqHcMT

[BlockFi @BlockFi]

Our security team has been notified of increasing attempts from malicious actors targeting BlockFi clients, including phone calls that appear to be from our retired phone number and scam emails with malicious links claiming to be able to release client funds.

[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

If you are a claimant and you believe you are entitled to vote on the Plan but did NOT receive a ballot, please immediately contact Kroll: (i) by submitting an inquiry at https://t.co/I7ATQvAv8O; or (ii) via email to: [email protected]

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[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

Chapter 11 Plan Voting Update:

Voting on BlockFi’s Chapter 11 Plan is now OPEN.

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[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

Your choice to opt-out does not change your entitlement to recover on your claim against BlockFi

We cannot make a recommendation with respect to granting this third-party release. You may wish to consult your own attorney to determine the effects of granting such release.

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[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

We are working diligently with BlockFi and Kroll to understand the situation and the next steps to protect BlockFi customers.

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[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

IMPORTANT ANNOUNCEMENT: We have been notified that the Debtors’ claims administrator Kroll experienced a hacking incident.

BlockFi customers should be on guard for malicious emails or attempts at account hacking. 

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[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

BlockFi customer should avoid clicking on links or responding to suspicious emails asking for account information, and ensure that any important accounts have two-factor authentication and unique passwords.

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[BlockFi @BlockFi]

Here are steps to protect your online presence from third-party bad actors:

[BlockFi @BlockFi]

Regarding recent third-party data incident:

[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

📢 We have put together some frequently asked questions and answers about the proposed BlockFi Bankruptcy Plan.

Check out our FAQs here: https://t.co/LnY6FtWWpo

[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

3/ We will provide answers to commonly asked questions in the coming days and weeks regarding the plan.

[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

1/ We are pleased to announce that we’ve reached a settlement on the terms of a plan that the Committee can support, as set forth in our letter supporting the plan.

Read our letter here: https://t.co/ZaiPPwY5mE

[BlockFi Official Committee of Unsecured Creditors @BlockFiUCC]

2/ In the coming days, you will receive a copy of the disclosure statement approved by the Court, and your ballots.  We urge you to carefully read the disclosure statement, and recommend you vote to ACCEPT the plan.