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According to PANews news on June 13, according to The Block, the encrypted lending company BlockFi said that it expects to complete the work and necessary tests to allow some customers to start withdrawing their funds this summer.
In an email to clients on Monday, BlockFi said: “At that time, we will be able to begin allowing clients to withdraw digital assets held in BlockFi wallet accounts that are not subject to potential priority claims. Any withdrawals must be made in batches and eligible individuals Will receive an email from the company. It is recommended that users set up a third-party wallet to withdraw funds.”