Robinhood has seen market share increase in the weeks following FTX's collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange.

The Financial Times reported that the troubled cryptocurrency lender BlockFi has filed a lawsuit against Sam Bankman-Fried’s Emergent Fidelity Technologies over Robinhood (HOOD) shares held by the company and pledged to BlockFi as collateral Tuesday.

Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November.

Robinhood Markets Inc. reiterated its crypto safety practices in a Twitter thread, saying customer assets are “completely segregated from any firm activity.”