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BlockFi To Move $236M Out Of Silicon Valley Bank In Ch. 11

By Vince Sullivan (March 23, 2023, 7:12 PM EDT) -- Bankrupt cryptocurrency platform BlockFi Inc. told a New Jersey judge Thursday that it intends to transfer $236 million of cash out of accounts at the Silicon Valley bridge bank at the insistence of the Office of the United States Trustee so the money can be protected in an approved depository institution....

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