BlockFi Exec Argues Financial Catastrophe Court Docket Must Serene Approve Bonuses To Preserve Skills

Megan Crowell, the manager people officer at crypto lending firm BlockFi, has petitioned a court docket to allow bonuses for “key workers” amid Chapter 11 financial catastrophe proceedings.

In a Jan. 23 declaration for United Pronounce Financial raze Court within the District of Novel Jersey, Crowell stated without giving obvious financial incentives, BlockFi may per chance presumably per chance be unable to preserve workers in a “highly aggressive” crypto industry. Based totally on the BlockFi executive, many team were “highly at possibility of leave the firm” amid the Chapter 11 process without “aggressive compensation”, doubtlessly adding to prices down the boulevard.