Express

DOJ Seizes More Than 55 Million Robinhood Shares in FTX Case

Tris Bell

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

Last Update:

Tags: ,,,,
Link: DOJ Seizes More Than 55 Million Robinhood Shares in FTX Case   [Copy]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 2 hours ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 1 day ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 8 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 25 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.