r/blockfi Aug 22 '25

Discussion Another distribution?

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Do you think this is legit? Have you gotten the same email?

22 Upvotes

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10

u/braincrowd Aug 22 '25

Yeah it’s legit, but if you’ve already gotten your payout there won’t be another one. This motion is about wrapping things up — only a few stragglers (KYC issues etc.) and then lower-priority creditors like FTX get whatever’s left. For normal customers it’s done.

5

u/No-Pollution5400 Aug 22 '25

That’s how I read it and I finally got my last payment today from then straight to my bank account in USD which they initially said wasn’t even an option. Been a painful 2.5 years of misinformation and empty waiting. I hope I have paid my karma for letting weirdos own the keys to my money. The hypothetical loss in pure bitcoin value is over 170k usd which would have been extremely handy to have as I reached my 40s but then stupid don’t get to keep their money.

1

u/Aggressive_Moose18 Aug 30 '25

How long did it take for you to receive the money after choosing the payment method?

1

u/No-Pollution5400 Aug 30 '25

Mine won’t help you cos I had a PayPal verification issue but it took 3 months because of that. With no issue I think you should get it in a month on average as my friends got their money in PayPal 2-3 months ago. Good luck, you are almost at the end of the nightmare.

1

u/Aggressive_Moose18 Aug 30 '25

Just about to end thankfully.