says BlockFi and Emergent Fidelity Technologies entered an agreement on Nov. 9 to guarantee payment by an unnamed borrower, pledging an unnamed common stock as collateral. The FT, citing legal correspondence, reported that the borrower was Bankman-Fried's Alameda Research.
Bankman-Fried, trying to raise money before FTX's collapse, was still trying to sell his Robinhood shares after entering into the collateral agreement with BlockFi, the FT cited two people familiar with the matter as saying.
BlockFi SBF_FTX RobinhoodApp GregAhl Good luck with that.
BlockFi SBF_FTX RobinhoodApp GregAhl Thannks a milloon
BlockFi SBF_FTX RobinhoodApp GregAhl
BlockFi SBF_FTX RobinhoodApp GregAhl I guess HOOD shares are better than shitcoins, if only by a little
wouldn’t put it past SBF to have pledged the same shares to multiple parties
BlockFi SBF_FTX RobinhoodApp GregAhl What a gah damn story line this is and it all started way back with the Luna collapse.
BlockFi SBF_FTX RobinhoodApp GregAhl The crypto market lost 1.9% yesterday
BlockFi SBF_FTX RobinhoodApp GregAhl What a mess!!
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BlockFi sues FTX's Bankman-Fried over shares in RobinhoodBlockFi, the now bankrupt cryptocurrency lending platform, has filed a lawsuit against Emergent Fidelity Technologies, an investment company owned by FTX founder Sam Bankman-Fried, alleging the firm owes BlockFi its shares of Robinhood worth around $650 million. Spoiler Alert: He don’t got them Buying hzmcoin now will make you a billionaire 🔜🤑 🎯⚡️ billionaire crypto buy_hzm_coin 📌 hzmcoin projects 🔶️metaverses NemoLandKingdom 🔶️ communication app 🔶️ apps and games ✔️crypto souq ✔️hzm carrom ✔️hzm basketball ✔️hzm camel run HzmApp malarab1 Why don't they want you to know about this?
Source: Cointelegraph - 🏆 562. / 51 Read more »
BlockFi sues a Bankman-Fried company to recover Robinhood sharesCryptocurrency lender BlockFi Inc has sued a holding company for FTX founder Sam Bankman-Fried, seeking to recover shares in Robinhood Markets Inc pledged as collateral three weeks ago, before BlockFi and FTX filed for bankruptcy protection. They’re stepping over other investors right to claims What a ponzi scheme... People buy crypto on Blockfi Blockfi buys shares in Robin hood Blockfi loans shares to ftx Ftx founder donates tens of millions to us political candidates and goes bust All the company insiders make millions while the customers lose everything. BuyGold
Source: Reuters - 🏆 2. / 97 Read more »
Crypto finance firm BlockFi files for bankruptcy following the fall of FTXCrypto’s cold winter claims another company. Rebrands to BlockedFi the ghosts of a billion tulip bulbs are chuckling quietly to themselves lmaooooo
Source: verge - 🏆 94. / 67 Read more »