The lender added that if the bankruptcy plan is approved, it will focus its efforts on recovering money from other firms, some of which have also declared bankruptcy and are in the process of restructuring. This includes Alameda Research, FTX, Three Arrows Capital, Emergent, Marex, and Core Scientific.
Read the full article at: https://www.coindesk.com/business/2023/08/03/blockfis-disclosure-statement-gets-court-approval/