BlockFi logo is seen in this illustration, November 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Nov 28 - Cryptocurrency lender BlockFi Inc has sued a holding company for FTX founder Sam Bankman-Fried, seeking to recover shares in Robinhood Markets IncBlockFi in a complaint filed on Monday in New Jersey bankruptcy court said Emergent Fidelity Technologies Ltd has defaulted on its obligations under a Nov. 9 pledge agreement.
Emergent guaranteed the repayment of obligations of Alameda Research Ltd, the crypto hedge fund affiliated with FTX, according to court documents.Bankman-Fried is not named as a defendant. He did not immediately respond to a request for comment.
What a ponzi scheme... People buy crypto on Blockfi Blockfi buys shares in Robin hood Blockfi loans shares to ftx Ftx founder donates tens of millions to us political candidates and goes bust All the company insiders make millions while the customers lose everything. BuyGold
They’re stepping over other investors right to claims