The Official Committee of #Unsecured Creditors for #BlockFi stated in a recent court document that it is "time" for #creditors to understand what BlockFi was and who former CEO "Zac Prince truly is."

The UCC is requesting that the court appoint a Chapter 11 trustee, end the debtors' exclusivity periods, or change the cases to Chapter 7 proceedings.

Customers of Voyager, Celsius, and even #FTX are generally aware of what transpired when their individual businesses collapsed. The UCC counters that because BlockFi consumers do not yet fully comprehend what transpired, it is "facilitating case mischief."

According to the complaint, BlockFi's cases are costing $16 million each month.