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FTX’s Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares

by Danny Nelson
December 27, 2022
in Cryptocurrency
Reading Time: 1 min read
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Crypto lender BlockFi, which also filed for bankruptcy, alleged in a court document that it was owed the rights to the Robinhood shares due to a deal Bankman-Fried made in early November. The shares were pledged as collateral against a loan taken out by Alameda Research – the same firm whose funds were used to purchase the shares to begin with, according to Tuesday’s filing.



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Tags: AlamedaBankmanFriedBorrowedBuyFTXsRobinhoodSamshares
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