BlockFi files for bankruptcy and sues Sam Bankman-Fried on same day

BlockFi files for bankruptcy and sues Sam Bankman-Fried on same day

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Cryptocurrency lender BlockFi filed for bankruptcy on Monday and, a few hours later, sued Sam Bankman-Fried’s (SBF) investment firm for withholding Robinhood stock it promised as collateral, Financial Times (FT) reports. BlockFi was ‘bailed out’ by SBF back in June, with $250 million promised. In…

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