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US Trustee Balks At BlockFi Bid To Seal 3AC Deal

By Clara Geoghegan ( February 5, 2024, 6:31 PM EST) -- An agreement between former cryptocurrency exchange BlockFi Inc. and defunct hedge fund Three Arrows Capital that released a tangle of claims against each other should be public, the Office of the U. S. Trustee told a New Jersey bankruptcy court Monday, adding that sealing the entire settlement keeps information from parties that might object to the deal. . . .

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