FTX attempts to maintain ownership of Robinhood shares in court
FTX and Alameda Research are attempting to secure ownership of Robinhood stock worth over $440 million, based on a court filing dated Dec. 22. According to the text of the filing, Emergent Fidelity Technologies currently holds about 56 million Robinhood share.
The ownership of those Robinhood shares is now disputed, as three separate parties are attempting to claim ownership in courts across multiple jurisdictions. The first claimant is BlockFi, which accepted the Robinhood shares as additional collateral on loans between itself and Alameda Research prior to Alameda and FTX’s collapse. BlockFi now intends to obtain and sell those shares.
Source
https://t.me/DeFi_Ethereum
