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BlockFi Lending Advocates - Retain Legal Counsel
0% complete
$25,500 raised of $25K
72 donations
The funds raised from this GoFundMe campaign will be used to allow BlockFi Lending customers, which are an under-represented group, to work with a highly qualified attorney to represent us in the bankruptcy filing.
The second phase of our engagement will be to ensure that we have representation as BlockFi potentially sells our collateral to a third party in the March - April timeframe. This is a critical moment for BlockFi lending customers, and without effective representation, the third party that potentially buys our loans may attempt to pursue principal repayment on the loans without allowing access to the collateral itself.
Any contribution helps! If 100 contributors can donate just $150 each, this will likely ensure representation through the end of March and likely into April.
