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US DOJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX

The U.S. Federal government has seized or is in the process of seizing a number of assets potentially linked to bankrupt crypto company FTX, including a number of shares in trading app Robinhood, officials have told a court hearing in Delaware.

The assets could later be subject to forfeiture proceedings, as Department of Justice cases against FTX’s former chief Sam Bankman-Fried and senior executives Gary Wang and Carolyn Ellison continue.

Related Readings:

Judge Ordered the Seizure of $93 Million FTX Was Keeping at Silvergate

Sam Bankman-Fried Used $546M From Alameda to Buy Robinhood Shares

FTX Wants Judge To Stay the Sale of Robinhood Shares Worth $448M

Disputed Robinhood Shares May Be Moved to Neutral Account at BlockFi’s Request

Investors Seek To Sell FTX, Celsius, BlockFi, Voyager Claims

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