Technology & Digital Accounts/Cryptocurrency & Fintech

Get Your BlockFi Account Unfrozen

Critical UrgencyStatus: frozen

Having your BlockFi account frozen with funds trapped inside is terrifying, especially given the company's bankruptcy proceedings. While the situation is complex due to BlockFi's insolvency, there are specific steps you can take to participate in the recovery process and maximize your chances of getting funds back.

Best Case
6-12 months
Typical
12-24 months
Worst Case
2-3+ years
Est. Cost
$0-500
DifficultyVery Difficult

Recovery depends entirely on complex bankruptcy proceedings beyond individual control, with uncertain timeline and partial recovery expected

Why This Happens

Company bankruptcy and insolvency

very common

BlockFi filed for bankruptcy in November 2022, freezing all customer accounts as part of legal proceedings

Regulatory compliance issues

common

Accounts frozen due to AML/KYC compliance requirements or suspicious activity detection

Technical security measures

occasional

Account locks triggered by unusual login patterns or potential security breaches

🎯What To Do Right Now

  1. 1

    Check bankruptcy proceeding status

    Visit the Kroll Restructuring Administration site to understand current bankruptcy status and claims process

    ~30 minutes
  2. 2

    File bankruptcy claim if not done

    Submit proof of claim through official bankruptcy proceedings to be eligible for fund recovery

    ~1-2 hours
  3. 3

    Monitor distribution updates

    Register for updates on the BlockFi distributions page to track recovery progress

    ~15 minutes
  4. 4

    Contact settlement administrators

    Reach out to official settlement contact for account-specific guidance

    ~45 minutes

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