Key Takeaways BlockFi and FTX have agreed on a settlement where FTX will pay BlockFi up to $874.5 million. 2. The settlement includes FTX dropping claims against BlockFi and prioritizes payment to BlockFi as a "secured claim" of $250 million post-FTX bankruptcy. 3. This agreement is a significant step towards resolution for BlockFi following its own bankruptcy filing in November 2022 due to substantial exposure to FTX's collapse.
