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BlockFi to shut down web platform, turn to Coinbase as distribution partner
- Crypto lender BlockFi will shut down its web platform and rely on Coinbase as a distribution partner.
- BlockFi customers can access withdrawals through Coinbase if they have an open or approved account.
- Customers who cannot create a Coinbase account will receive funds in cash.
- BlockFi emphasizes that it has not partnered with any other crypto companies for distributions.
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