TLDR Crypto · MISCELLANEOUS

MILLION

decrypt.co3 min read

Summary from the TLDR Crypto newsletter

Robinhood has finalized the buyback of a 7.6% stake in the company, valued at $606 million, in seized shares from FTX founder, Sam Bankman-Fried, as confirmed in an SEC filing. The shares were confiscated by the US Justice Department as a part of the fraud charges being levied against SBF.