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CoinGape
2022-12-23 14:23:58

FTX Seeks Control Over Sam-Bankman Fried’s $440M Robinhood Shares

FTX Seeks Control Over Sam-Bankman Fried’s $440M Robinhood Shares

FTX under new CEO John J. Ray III filed a motion in a U.S. Bankruptcy Court on Thursday to enforce an automatic stay or extend the stay orders on Sam Bankman-Fried’s 56 million shares of Robinhood Markets, worth $440 million. FTX investigation indicates Robinhood shares are the property of the crypto exchange company and affiliates. The post FTX Seeks Control Over Sam-Bankman Fried’s $440M Robinhood Shares appeared first on CoinGape .

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