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Ethereum World News
2022-11-29 15:13:37

BlockFi sues former FTX CEO over Robinhood shares

BlockFi sues former FTX CEO over Robinhood shares

Summary: The crypto lender filed a complaint in New Jersey regarding Sam Bankman-Fried’s Robinhood shares. SBF pledged his Robinhood shares to BlockFi as part of an agreement on November 9, the lender filed this week hours after declaring chapter 11 bankruptcy. Bankman-Fried’s 7.6% stake in Robinhood was purchased in May for $600 million. Bankrupt crypto lender BlockFi submitted a lawsuit against FTX founder Sam Bankman-Fried hours after filing for chapter 11 bankruptcy. SBF pledged Robinhood shares to BlockFi The petition

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