Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

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Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor RepaymentsOnchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing their onchain holdings up to […]

Source: Bitcoin News

#NewsBytes, #ArkhamIntelligence, #Bankruptcy, #Blockfi, #Chapter11, #CoinbasePrime, #CreditorRepayments, #Crypto, #FTXCollapse, #NewsBytes1, #OnchainData, #USDC

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