A proposed $13.2 million settlement for BlockFi investors has advanced toward final approval after the sole objector withdrew his objections. This could pave the way for thousands of customers to receive their funds back, following the crypto lender’s collapse in 2022. The deal was reached in February when BlockFi’s founders agreed to settle securities fraud claims and pay more than $13 million. Attorneys confirm that Yacov Baron has dropped his motion to intervene, leaving only the deal for final approval. This settlement is currently limited to interest-bearing account holders but provides a potential avenue for individual investors seeking compensation. The proposed agreement represents one of the few concrete avenues to recover lost funds in this case.