Breaking: Robinhood to Acquire Bankman-Fried’s Stake for $605.7M

According to a recent report, Robinhood, an online brokerage, has announced a share repurchase agreement with the United States Marshal Service. Consequently, the company aims to buy back stock from Sam Bankman-Fried’s Emergent Fidelity Technologies for $605.7 million. The stocks in question came under the US government’s purview after Sam Bankman-Fried’s FTX and Emergent filed

The post Breaking: Robinhood to Acquire Bankman-Fried’s Stake for $605.7M appeared first on CoinGape.


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Kelvin Munene Murithi
CoinGape

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