BlockFi Fights To Block FTX and 3AC From Retrieving Funds for Creditors

2023/08/23 01:55

BlockFi, a bankrupt cryptocurrency lender, is opposing attempts by FTX and Three Arrows Capital (3AC) to retrieve hundreds of millions of dollars to pay back their creditors. BlockFi claims that its own creditors should not be pushed to the back of the line because FTX's creditors were allegedly harmed by the exchange misappropriating $5 billion BlockFi lent it.
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