The cryptocurrency lending company BlockFi has announced that it has received approval from the bankruptcy court in New Jersey, USA, to repay all customer funds in full. The court approved this plan on July 26th, and the distribution of assets to US customers is expected to start within 90 days. However, the waiting time for international customers may be longer. Additionally, BlockFi is seeking court approval to monetize the funds using its $874.5 million claim against FTX, which is significantly more than the face value of the claim. Previously, BlockFi reached a principle agreement with FTX and Alameda Research for a $874.5 million settlement, which will provide the company with funding for the repayment plan to distribute among creditors.