Sam Bankman-Fried is facing off against FTX's new bosses in a 4-way battle for $450 million of Robinhood shares

Dec 23 2022 by Business Insider

 
Sam Bankman-Fried at a Manhattan federal court on December 22.

David Dee Delgado/Getty Images

Bankrupt FTX's new bosses are trying to wrest control of Robinhood shares from Sam Bankman-Fried. Worth $450 million, the 56 million shares represent a 7.6% stake in trading app firm Robinhood. Failed crypto lender BlockFi and an FTX creditor in Antigua have also laid claim to the shares in court.

Disgraced FTX founder Sam Bankman-Fried and the crypto exchange's new bosses are locked in a legal battle...

Continue Reading Sam Bankman-Fried is facing off against FTX's new bosses in a 4-way battle for $450 million of Robinhood shares