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BlockFi sues FTX founder Sam Bankman-Fried over Robinhood shares
source link: https://nextbigwhat.com/blockfi-sues-ftx-founder-sam-bankman-fried-over-robinhood-shares/
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Home News BlockFi sues FTX founder Sam Bankman-Fried over Robinhood shares
BlockFi sues FTX founder Sam Bankman-Fried over Robinhood shares
- November 29, 2022
Sam Bankman-Fried’s holding firm Emergent Fidelity Technologies has been sued by now bankrupt crypto lending business BlockFi for the shares of Robinhood that Bankman-Fried promised as collateral earlier this month.
Through his Emergent investment company, Bankman-Fried spent $648 million buying 7.6% of the shares of the online brokerage company Robinhood.
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