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Cryptocurrency 1 hour ago (Dec 30, 2022 10:40AM ET)
The highly disputed Robinhood (NASDAQ:HOOD) shares claimed by both BlockFi and FTX might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner.
Digital asset lender BlockFi recently sued former FTX CEO Sam Bankman-Fried to claim the shares that were supposedly pledged as collateral for the more than $600 million that BlockFi loaned to Alameda Research.
Robinhood shares claimed by BlockFi and FTX may move to a neutral broker
