📢 Attention crypto-investors! BlockFi, the struggling cryptocurrency lender, has announced that it will close its web platform in May 2024. To facilitate the withdrawal of funds, it will partner with Coinbase, one of the leading cryptocurrency exchanges.

• BlockFi declared bankruptcy in November 2022 after the collapse of FTX and in 2023 announced its closure.

• Customers who do not establish an approved Coinbase account could see their assets settled in cash and distributed accordingly.

• BlockFi has no intention of partnering with other providers for the distribution of cryptocurrencies, so investors are advised to exercise caution to avoid potential scams.

What do you think of this news? Are you one of those affected? Share your experience in the comments! 👇