Bankrupt BlockFi Sues FTX Founder Sam Bankman-Fried over Ownership Stake in Robinhood

Bankrupt crypto lending firm BlockFi has reportedly filed a lawsuit against former FTX CEO and Democrat super donor Sam Bankman-Fried's holding company Emergent Fidelity Technologies. BlockFi alleges that Bankman-Fried had put up $650 million worth of shares in Robinhood as collateral for a loan that he has since refused to pay.