Robinhood’s board of directors has approved a plan to buy back former FTX CEO Sam Bankman-Fried’s 55 million shares, worth 7.6% stake in Robinhood. The brokerage firm is in discussion with the U.S. Department of Justice (DOJ) to purchase the seized shares that SBF acquired in May 2022 through his company Emergent Fidelity Technologies.
Robinhood Board Approves Buying Sam Bankman-Fried's Stake From US DOJ
coingape.com
09 February 2023 03:15, UTC