The newly-bankrupt BlockFi is taking SBF’s Emergent Fidelity Technologies investment company to court attempting to win roughly $650M worth of Robinhood shares it says it’s owed.
Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November.
The suit was filed on Nov. 28 in the United States Bankruptcy Court for the District of New Jersey just hours after BlockFiAs per the filing, BlockFi is demanding Emergent turnover collateral as part of a Nov. 9 pledge agreement that saw Emergent agree to a payment schedule with BlockFi that it has allegedly failed to pay.in the online brokerage firm Robinhood, buying a total of $648 million in Robinhood shares through his Emergent investment company.
In its bankruptcy filing, BlockFi stated that it has assets between $1 billion and $10 billion with liabilities in the same range, along with over 100,000 creditors.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FTX collapse drives curiosity around Sam Bankman-Fried, Google data showsGoogle Trends data show that searches for SBF are 185.7% more than they were for Do Kwon when Terra (LUNA) collapsed in May 2022.
Weiterlesen »
Bahamas AG Gets Defensive as FTX Investors Ask About Sam Bankman-FriedBahamas Attorney General Gets Defensive as FTX Investors Wonder About Sam Bankman-Fried
Weiterlesen »
FTX founder Sam Bankman-Fried on hot seat as Senate inquiries, criminal probes move forwardCriminal and political investigations into FTX founder and former CEO Sam Bankman-Fried are set to heat up in the coming weeks as federal authorities seek to bring him to U.S. soil.
Weiterlesen »
Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout ContinuesJUST IN: BlockFi has filed for bankruptcy days after FTX, which had once extended a line of credit to the troubled crypto lender, filed for bankruptcy itself. nikhileshde reports
Weiterlesen »
Crypto finance firm BlockFi files for bankruptcy following the fall of FTXCrypto’s cold winter claims another company.
Weiterlesen »