The loan is striking because it has now become clear that Alameda, which also belonged to Bankman-Fried, had access to the funds of FTX customers and used them for investments. But part of it has therefore also been lent to another Bankman-Fried and Wang company. This means that the interest of 8 percent in Robin Hood has become the subject of a lawsuit surrounding the bankruptcy.
FTX is trying to claim the shares under the direction of the curator, but has competition from the also bankrupt crypto company BlockFi. The head of Alameda Research would have pledged the shares to that company just before FTX collapsed. BlockFi is one of FTX’s creditors.
Bankman-Fried was extradited from the Bahamas to the United States last week. He is under investigation for fraud. After paying bail of $ 250 million, he is in house arrest awaiting trial.
LOOK. FTX founder Bankman-Fried free on bail