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BlockFi Cleared For $10M In Ch. 11 Retention Payments

By Vince Sullivan ( January 27, 2023, 6:42 PM EST) -- Bankrupt cryptocurrency investment platform BlockFi received approval Friday from a New Jersey federal judge to pay nearly $10 million in retention bonuses to 125 employees it says are critical to its business, permitting the relief after the company reached a deal with creditors....

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