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Sam Bankman-Fried’s Robinhood investment vehicle files for bankruptcy
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fnlondon.comAn offshore investment vehicle that Sam Bankman-Fried used to purchase a stake in Robinhood Markets filed for chapter 11 in the US to sort out competing claims from FTX’s new managers, bankrupt crypto lender BlockFi and the federal government.
Court-appointed liquidators for Emergent Fidelity Technologies in Antigua and Barbuda placed the investment entity under bankruptcy protection on 3 February following the seizure of its assets by federal prosecutors last month. The Justice Department seized some 55 million shares of...
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