BlockFi Sues FTX’s Sam Bankman-Fried Over Robinhood Shares
Hours after filing for bankruptcy protection, cryptocurrency lender BlockFi sued a holding company belonging to Sam Bankman-Fried in an attempt to recover shares in Robinhood that the disgraced FTX founder allegedly pledged as collateral just three weeks ago. BlockFi’s Monday lawsuit targeted Bankman-Fried’s Emergent Fidelity Technologies, which it said had defaulted on the terms of a Nov.