Golden Finance reported that as the bankruptcy proceedings of the defunct centralized cryptocurrency lending institution are nearing completion, BlockFi has confirmed the sale of its FTX claims. According to a statement, Mohsin Y. Meghji, BlockFi program administrator and managing partner of M3 Partners, reported the sale to the New Jersey Bankruptcy Court in the United States on Monday. Meghji said that the sale process began on June 24 and ended on July 10, after the "highest and best bid" was determined to be "significantly above par value" and monetized through an undisclosed third party.