BlockFi Review 🎖️ Is BlockFi Safe?

Last update | 30. November 2022

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BlockFi halts all withdrawals. Users' assets are at risk!

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Tested Platform
  • BlockFi halted all withdrawals

  • Users should refrain from depositing funds

  • Platform limits activity

  • BlockFi is citing "lack of clarity"

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    Table of contents

Table of contents

BlockFi Asset Freeze

BlockFi Halts Withdrawals

BlockFi is a U.S.-based crypto lending platform offering interest in cryptocurrencies. AS BlockFi was backed by FTX the platform announced on the 11th of November 2022 to halt all withdrawals. The company announced that given the lack of clarity on the status of, FTX US, and Alameda, BlockFi isn't able to operate business as usual. We suggest storing your crypto on one of the best crypto wallets instead.

Not available for U.S. clients

Following the $100 Million fine that BlockFi had to pay to the U.S. regulators, the platform has stopped offering its crypto interest account for newly registered users from the United States. It is unclear whether and when BlockFi will be offering its interest-bearing account for U.S. clients again. Users not located in the U.S. remain earning yield on their crypto holdings until the platform limited its activity in mid-November 2022.


  • Company:
  • BlockFi Trading LLC
  • Legal Address:
  • 201 Montgomery St, Suite 263, Jersey City, NJ 07302, USA
  • Office Address:
  • Email: