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DOJ Seizes More Than 55 Million Robinhood Shares in FTX Case
Summary: The U.S. Department of Justice has seized more than 55 million shares of Robinhood stock owned by Sam Bankman-Fried and FTX co-founder Gary Wang, according to a court document. According to the court, the assets had been involved in Bankman-Fried’s fraud and money-laundering crimes. Prior to their seizure, the stocks had been held at U.K.-based ...
The U.S. Department of Justice has seized more than 55 million shares of Robinhood stock owned by Sam Bankman-Fried and FTX co-founder Gary Wang, according to a court document.
According to the court, the assets had been involved in Bankman-Fried’s fraud and money-laundering crimes.
Prior to their seizure, the stocks had been held at U.K.-based brokerage ED&F Man.
Author: Tris Bell
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Tags: Department of Justice,FTX,Gary Wang,Robinhood,SAM BANKMAN-FRIED
Link: DOJ Seizes More Than 55 Million Robinhood Shares in FTX Case [Copy]
Tags: Department of Justice,FTX,Gary Wang,Robinhood,SAM BANKMAN-FRIED
Link: DOJ Seizes More Than 55 Million Robinhood Shares in FTX Case [Copy]