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BlockFi claims expire on May 15, and the claim rate for non-U.S. customers is only 43%"

Internet reports that bankrupt cryptocurrency lending platform BlockFi announced that creditors must complete asset allocation and claim before May 15, 2025, otherwise unclaimed assets will be transferred to other unsecured creditors. At present, the claim rate of U.S. customers has reached 97%, while only 43% of non-U.S. customers have completed claims. BlockFi said the low claim rate may be due to some customers mistakenly treating claim notices as spam or phishing attacks. The company emphasized that some customers may need to complete KYC authentication to receive asset allocations. BlockFi filed for bankruptcy protection in November 2022 and announced in July 2024 that it would allocate assets based on 100% of the dollar value of customers '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.

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