Isquith Law PLLC and Vita Law Offices, P.C. Announce The Filing of Class Action Lawsuit Against BlockFi Individual Defendants Relating to BlockFi Interest Accounts
1:23-cv-10472), on behalf of all persons or entities in the United States who invested in Block-Fi Interest Accounts (“BIA”).
- 1:23-cv-10472), on behalf of all persons or entities in the United States who invested in Block-Fi Interest Accounts (“BIA”).
- Block-Fi and their affiliates are presently subject to bankruptcy proceedings filed in November of 2022 and are not named as defendants in this action.
- The Complaint alleges that Block-Fi, its affiliates, and the Block-Fi Individual Defendants made false and misleading statements to promote BIAs, including that BIAs were a secure method of collecting interest.
- In addition, the Complaint alleges that Block-Fi and the Block-Fi Individual Defendants omitted and concealed material information concerning the risks associated with BIAs.