U.S. Authorities to Seize US$460 mln of Robinhood Shares in FTX Fraud Case
U.S. prosecutors are moving to seize the US$460 million worth of Robinhood Markets Inc., shares linked to Sam Bankman-Fried, the former chief executive officer of Bahamas-based bankrupt cryptocurrency exchange FTX.com, Department of Justice (DOJ) counsel Seth Shapiro told the bankruptcy judge on Wednesday. (forkast)
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.
Disputed Robinhood Shares May Be Moved to Neutral Account at BlockFi’s Request
The judge overseeing BlockFi’s ongoing bankruptcy case agreed today to review a request that could see 56 million Robinhood shares moved to a neutral location, according to a report from the Wall Street Journal on Dec. 28.
Sam Bankman-Fried Used $546M From Alameda to Buy Robinhood Shares
Sam Bankman-Fried took out loans totaling hundreds of millions of dollars from Alameda Research in order to fuel his massive purchase of Robinhood shares.
FTX Seeks Court Intervention in Battle With SBF Over $450M in Robinhood Shares
FTX is seeking assistance from a US bankruptcy court in determining ownership of about $450 million in Robinhood shares owned by an entity set up by Sam Bankman-Fried in Antigua and Barbuda.
FTX Wants Judge To Stay the Sale of Robinhood Shares Worth $448M
Bahamas-based bankrupt crypto exchange FTX has sought help from the bankruptcy court in the matter of former CEO Sam Bankman-Fried’s 7.6% stake in the popular stock brokerage firm Robinhood.
FTX Attempts to Maintain Ownership of Robinhood Shares in Court
FTX and Alameda Research are attempting to secure ownership of Robinhood stock worth over $440 million, based on a court filing dated Dec. 22. According to the text of the filing, Emergent Fidelity Technologies currently holds about 56 million Robinhood shares (HOOD). Emergent Fidelity Technologies is 90% owned by Sam Bankman-Fried, the former CEO of FTX and controller of Alameda. The ownership of those Robinhood shares is now disputed, as three separate parties are attempting to claim ownership in courts across multiple jurisdictions. (cryptoslate)
FTX Asks Judge for Help in Fight Over Robinhood Shares Worth About $450M
FTX sought a U.S. bankruptcy court's help amid a battle over ownership of about $450 million worth of stock in Robinhood Markets (HOOD), according to a filing Thursday.
Twitter Quietly Adds BTC and ETH Price Indexes to Search Function
Twitter Business on Twitter: "
When you Tweet the symbol of a major stock, ETF, or crypto currency with a $ in front of it (like $BTC), people on Twitter see a clickable link that takes them to search results.
Starting today, these search results will include the pricing graphs for major symbols. You can also search for symbols directly, without clicking on a link within a Tweet. Most symbols with and without the $ sign will work in search (QQQ or $QQQ).
Robinhood to Educate Millions of Users on All Things Avalanche
Robinhood Crypto chooses Avalanche as its first blockchain partner for learn-and-earn campaign, giving users an opportunity to earn $AVAX while exploring Avalanche.
