According to the Financial Times,  crypto lender BlockFi filed for bankruptcy protection on Monday. BlockFi has now unveiled its plea to sue Emergent Fidelity Technologies, the company owned by FTX founder Sam Bankman-Fried, on the same day Robinhood (HOOD) shares were pledged to BlockFi as collateral.

Source and More information: BlockFi to sue former FTX boss’ firm over Robinhood shares

Author: BTCManager.com