BlockFi $13.2 million class action settlement is about to be approved, and the last objector has withdrawn their opposition

ChainCatcher news, according to Decrypt, the BlockFi $13.2 million class action settlement is about to be approved, as the last objector Yacov Baron has withdrawn his opposition.

The settlement will cover approximately 89,000 U.S. users who held BlockFi interest accounts between 2019 and 2022. BlockFi collapsed in 2022 due to a $680 million exposure to FTX, and this settlement provides a compensation avenue for affected investors.