US Authorities Confiscate Robinhood Shares Owned by Sam Bankman-Fried
The US DJ has announced that it has confiscated 55,273,469 shares of online broker Robinhood in the case against FTX founder Sam Bankman-Fried.
The US DJ has announced that it has confiscated 55,273,469 shares of online broker Robinhood in the case against FTX founder Sam Bankman-Fried.
Crypto derivatives exchange FTX, which filed for bankruptcy in November 2022, spent around $40M on luxury hotels and accommodation, among other things.
Sam Bankman-Fried has pleaded not guilty to eight counts.
Cameron Winklevoss has published an open letter to the CEO of Digital Currency Group (DCG) asking him to pay off $900 million.
Former FTX head Sam Bankman-Fried cashed out $684,000 in cryptocurrencies, possibly violating bail conditions.
The Bahamas Securities Commission has taken the custody of local FTX deposits.
Crypto exchange Kraken has announced the suspension of its activities in Japan from January 31, 2023 and deregistration with the FSA, the country’s financial regulator.

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