According to Foresight News, Arkham monitoring shows that the bankrupt crypto lending company BlockFi received nearly 250 million USDC from Coinbase Prime two days ago, bringing its on-chain holdings to $300 million, and may begin to repay customer funds.

Foresight News previously reported that BlockFi had been approved by the New Jersey Bankruptcy Court on July 26 to repay 100% of its customers and unsecured creditors.