BlockFi claims close on May 15, but the claim rate for non-US customers is only 43%.

BlockFi, the bankrupt cryptocurrency lending platform, has announced that creditors must complete asset distribution claims by May 15, 2025, or unclaimed assets will be transferred to other unsecured creditors. At present, the claim rate of US customers has reached 97%, while only 43% of non-US customers have completed claims. BlockFi said that the low claim rate may be due to some customers mistaking the claim notification as an email spam or phishing attack. The company stressed that some customers may need to complete KYC authentication to receive asset distribution.
BlockFi filed for bankruptcy protection in November 2022 and announced in July 2024 that it would distribute assets based on 100% of the dollar value of customer claims at the time of the bankruptcy filing. The company is now urging all eligible customers who have not yet completed their claims to act as soon as possible to avoid missing the deadline.