BlockFi and Three Arrows Capital Reach Confidential Settlement Approved by U.S. Judge

  • February 7, 2024
According to Foresight: BlockFi and Three Arrows Capital (3AC) have received approval for their settlement agreement by a U.S. judge, as reported by Foresight News. The nature of the disputes or claims has not been disclosed, and the details of the settlement have been ordered to remain confidential. The approval allows BlockFi to proceed with the distribution of loan properties to its creditors, providing some relief in their operations. The outcome indicates progress in resolving disputes in the rapidly evolving cryptocurrency sector.