According to court filings, bankrupt crypto lender BlockFi has asked a US court to approve customer withdrawals that have been frozen on the platform.platform Customers own the cryptocurrency stored in BlockFi wallets, and the company has “no legal or equitable interest” in funds frozen when the platform ceased operations on Nov. 10, according to a motion filed on Monday with the United States Bankruptcy Court for the District of New Jersey.BlockFi, one of the first victims of the fallout from the collapse of crypto exchange FTX in early November, filed for chapter 11 bankruptcy protection on November 28, less than a month after suspending withdrawals from the platform.
