BlockFi $35M DOJ Settlement Comot Bankruptcy Wahala

BlockFi settlement don settle $35M DOJ lawsuit wey concern crypto assets wey dey linked to two Estonian nationals. For July 11, 2025, U.S. Bankruptcy Court approve dismissal with prejudice, wey mean say DOJ no fit file the case again and both sides go pay their own legal expenses. The agreement include $35 million payment to settle the allegations under Bank Secrecy Act and reporting requirements. This BlockFi settlement don remove big legal wahala for im Chapter 11 procedures, e go speed up how creditors go take recover and make the claims timeline easier. With the fight finish, the bankruptcy trustee fit now focus on distributing assets to over 10,000 creditors under the court-approved repayment plan.