According to ChainCatcher, citing CoinDesk, the bankrupt cryptocurrency lending platform BlockFi announced that creditors must complete asset distribution claims by May 15, 2025, otherwise unclaimed assets will be transferred to other unsecured creditors. Currently, the claim rate for US customers has reached 97%, while only 43% of non-US customers have completed their claims.

BlockFi stated that the low claim rate might be due to some customers mistaking the claim notice as spam or a phishing attack. The company emphasized that some customers may need to complete KYC identity verification to receive asset distribution.

BlockFi filed for bankruptcy protection in November 2022 and announced in July 2024 that it would distribute assets at 100% of the dollar value of customer claims at the time of the bankruptcy filing. The company is now urging all eligible customers who have not yet completed their claims to act quickly to avoid missing the final deadline.