Money transfer, virtual currency, or money service -- Fraud or scam -- Complaint #6224373

Complaint Overview

Complaint ID: 6224373

Company: Blockfi INC

Product: Money transfer, virtual currency, or money service

Sub-Product: Virtual currency

Issue: Fraud or scam

State: Ohio

ZIP Code: 43035

Date Received: 2022-11-19T12:00:00-05:00

Date Sent to Company: 2022-11-19T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

The company is having financial issues, before they announce they will freeze the withdrawals, I submitted my withdrawal request on XX/XX/2022, the funds suppose to be cleared on XX/XX/XXXX however it is still pending as of XX/XX/2022. Total current market price was of the funds were $ XXXX in different crypto. XXXX XXXX, XXXX eth and 34 USDC

Frequently Asked Questions

What is Complaint #6224373 about?

Complaint #6224373 was filed against Blockfi INC regarding Money transfer, virtual currency, or money service specifically about Fraud or scam. It was received by the CFPB on 2022-11-19T12:00:00-05:00.

How did Blockfi INC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Money transfer, virtual currency, or money service) and describe your issue in detail.

Can I see other complaints against Blockfi INC?

Yes, visit the Blockfi INC company profile at readthecomplaint.com/company/blockfi-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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