BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy

Bankrupt crypto lending firm BlockFi has been granted court permission to pay nearly $10 million in staff bonuses, according to a filing dated Jan. 27. The filing does not use the word “bonus” itself. Instead, it refers to an employee retention program and describes additional payments on top of…#blockfi #usbankruptcycourt #newjersey #michaelkaplan #cryptoslate
Source: Reuters: Health - Category: Consumer Health News Source Type: news