U.S. Government seizes SBF’s Robinhood shares

The US government has formally seized the Robinhood stake of FTX founder Sam Bankman-Fried (SBF). watcher guru.

SBF acquired a 7.6% stake in Robinhood for $648.3 million on May 13, 2022.

Following the news, FTX and Alameda Research attempted to secure ownership of Robinhood shares by filing a legal claim on January 5, and the bankrupt exchange filed a “legal claim” against the assets in question. ” claimed no.

A post about the US government seizing SBF’s Robinhood stake first appeared on CryptoSlate.

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