DOJ Seizes Another $490M from Sam Bankman-Fried

DOJ Seizes Another $490M from Sam Bankman-Fried

Regulations
January 9, 2023 by secret
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[ad_1] Key Takeaways The DOJ has seized over 55 million Robinhood shares and $20.7 million belonging to Emergent Fidelity Technologies. While the holding company isn’t part of the FTX estate, the DOJ believes it was funded by Bankman-Fried with misappropriated customer money. Bankman-Fried had previously fought to keep the shares in his control in order