FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares By Cointelegraph

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Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood (NASDAQ:) shares purchased by its former CEO Sam Bankman-Fried.

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On Nov. 28, BlockFi filed a lawsuit demanding Emergent Fidelity Technologies, Bankman-Fried’s holding company, to turn over 56 million Robinhood Markets shares. The stocks were allegedly put up as collateral for BlockFi’s loans to crypto trading firm Alameda Research.