Sam Bankman-Fried’s holding company files for bankruptcy

by Aurelia Butler 5 February 2023, 22:40 189 Views

According to court records filed on Feb. 3, Emergent Fidelity Technologies submitted a voluntary petition to declare bankruptcy under a Chapter 11 filing in the United States Bankruptcy Court for the District of Delaware. The company was already the target of a lawsuit filed by crypto lending firm BlockFi in November 2022 regarding the status of roughly 55 million shares of Robinhood (NASDAQ:HOOD).

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Source: Cryptocurrency - investing.com

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Sam Bankman-Fried’s holding company files for bankruptcy

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Optimism on Chinese stocks soars to five-year highs

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