Sam Bankman-Fried's $470 million Robinhood stake is set to be seized by US authorities, attorney says

Jan 5 2023 by Business Insider

 
US prosecutors are in the process of seizing Sam Bankman-Fried's stake in Robinhood, a US attorney said Wednesday.

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Sam Bankman-Fried's Robinhood shares are set to be seized by US authorities, an attorney said Wednesday. Bankman-Fried disclosed a 7.6% in the trading app provider in May 2022. The now-disgraced FTX founder pleaded not guilty to wire fraud and conspiracy charges earlier this week.

US authorities are set to seize Sam Bankman-Fried's Robinhood shares,...

Continue Reading Sam Bankman-Fried's $470 million Robinhood stake is set to be seized by US authorities, attorney says