Raoul Pal: The Journey Man
BlockFi Wants Its Robinhood Shares From SBF
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Show notes
Just hours after filing for Chapter 11 bankruptcy protection, crypto lender BlockFi fired off another court motion, this time aimed at Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX. BlockFi alleges SBF pledged shares of trading company Robinhood as collateral on BlockFi and now wants to seize the stock. On this edition of Real Vision Crypto Daily Briefing, Nico Brugge and Elaine Ly discuss this latest development as the tangled web of FTX links becomes a little clearer with each day. Nico and Elaine also welcome Kristin Smith, executive director of the Blockchain Association, to talk about the incoming changes to the regulatory landscape in the wake of FTX's collapse, upcoming hearings in the U.S. Congress, a new JPMorgan report that will be a welcome read to people running centralized exchanges, and Kraken settling for apparent breach of Iran sanctions.
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