BlockFi blocks FTX and Three Arrows Capital from reclaiming billions in transactions before their collapse
ChainCatcher news, the bankrupt crypto lending platform BlockFi submitted court documents stating that it hopes to prevent FTX and Three Arrows Capital from attempting to recover billions of dollars in transactions made before the collapse of the three companies, claiming to be a victim of FTX, which has no right to claim more than $5 billion. Additionally, BlockFi accuses the bankrupt crypto hedge fund Three Arrows Capital of using fraudulent means to borrow from it and also has no right to demand repayment.
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