The U.S. Department of Justice has seized approximately $456 million worth of Robinhood stocks held by SBF and Gary Wang

2023-01-09 21:34:19
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ChainCatcher news, according to court documents, the U.S. Department of Justice has seized over 55 million shares of Robinhood held by SBF and his FTX co-founder Gary Wang through the holding company Emergent Fidelity Technologies. Based on last Friday's closing price, 55 million shares of Robinhood are valued at approximately $456 million. The stock had previously been held in an account at the UK brokerage firm ED&F Man. (Source link)

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