Golden Finance reported that BlockFi announced that it will start the first temporary distribution of crypto assets through Coinbase in July. The complete distribution process will be processed in batches in the next few months, and eligible customers will receive notifications via BlockFi account emails. Due to applicable regulatory requirements, non-US customers are currently unable to receive funds. Earlier news, the bankrupt crypto CeFi platform BlockFi closed and stopped withdrawals in May this year. Assets that failed to withdraw money in time will not be liquidated into cash, but will be provided in kind. If the user creates or has an open and approved Coinbase account, it can be withdrawn from Coinbase thereafter.