Bitcoin

Mirrored Robinhood Markets

A total of 55 million shares of Robinhood, represented by the ticker symbol “HOOD,” were in the possession of Sam Bankman-Fried and Gary Wang. They held these shares through their company Emergent Fidelity Technologies.Robinhood, a popular trading platform known by the ticker symbol “HOOD,” has reached an agreement with the United States Marshal Service (USMS) to repurchase stock worth $605.7 million. These shares were previously owned by Sam Bankman-Fried, who is the founder of the now-bankrupt <a href="https://cryptosheadlines.com/unusual-trading-volumes-observed-for-4-altcoins-on-south-korean-cryptocurrency-exchanges/" rel="noopener noreferrer nofollow">cryptocurrency exchange</a> FTX<img src="https://academy-public.coinmarketcap.com/optimized-uploads/d0d52635d4d94a2287584b4d4c00f6c9.gif" />The U.S. government took control of 55 million HOOD shares that belonged to <a href="https://cryptosheadlines.com/ftxs-sam-bankman-fried-seeks-dismissal-of-majority-of-criminal-charges/" rel="noopener noreferrer nofollow">Sam Bankman-Fried and his fellow FTX</a> co-founder, Gary Wang. These shares were held through their company called Emergent Fidelity Technologies.<a href="https://cryptosheadlines.com/robinhood-to-repurchase-sam-bankman-frieds-stake-for-605-7m/" rel="noopener noreferrer nofollow">Read More...</a>

Robinhood to Repurchase Sam Bankman-Fried’s Stake for $605.7M

CryptosHeadlines.com

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