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Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say

December 27, 2022
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Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say

December 27, 2022
The question of ownership of FTX’s shares of Robinhood stock has become more complicated.  FTX founder and former CEO Sam Bankman-Fried (SBF) told a court before he was arrested in the Bahamas that he and FTX co-founder Gary Wang borrowed $546 million from Alameda Research to capitalize Emergent Fidelity Technologies, which later bought the shares […]