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.
