BlockFi argues FTX, Three Arrows Capital isn't entitled to repayments

Bankrupt cryptocurrency lender BlockFi is making an attempt to dam makes an attempt by the equally bankrupt FTX and Three Arrows Capital (3AC) that intention to retrieve tons of of hundreds of thousands of {dollars} to pay again their collectors.

BlockFi claimed in an Aug. 21 submitting to a New Jersey chapter court docket that its personal collectors shouldn’t be pushed to the again of the road as a result of FTX’s collectors had been harmed by the alternate allegedly misappropriating $5 billion BlockFi lent it.

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