TechFlow reports that the bankrupt crypto lending platform BlockFi has filed court documents seeking to block FTX and Three Arrows Capital from recovering billions of dollars in transactions made before the collapse of the three firms. BlockFi claims it is itself a victim of FTX and therefore FTX has no right to claim over $5 billion. Additionally, BlockFi accuses the now-bankrupt crypto hedge fund Three Arrows Capital of using fraudulent means to obtain loans from it and asserts that Three Arrows has no right to demand repayment.
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