Retail Trading Giant Robinhood Repurchases $605,000,000 Worth of Shares the Feds Seized From Sam Bankman-Fried

Retail trading giant Robinhood has bought back more than $605 million worth of shares of its own company that the US government seized from disgraced FTX founder Sam Bankman-Fried. On Wednesday, Robinhood entered into a share purchase agreement with the United States Marshal Service (USMS) to scoop up 55,273,469 shares of the company’s Class A The post Retail Trading Giant Robinhood Repurchases $605,000,000 Worth of Shares the Feds Seized From Sam Bankman-Fried appeared first on The Daily Hodl .