Bankrupt Crypto Firm BlockFi Sues FTX Founder Sam Bankman-Fried For $580 Million
Bankrupt crypto lender BlockFi is suing FTX's founder Sam Bankman-Fried to seize shares in the US trading platform Robinhood, allegedly pledged as collateral by the former FTX CEO just days before the exchange notoriousl...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
FTX declared bankruptcy on November 11, and BlockFi did so this Monday. BlockFi blamed FTX for its fall, adding that FTX's parent company Alameda Research had defaulted on some $680 million of collateralized loans in early November....
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