FTX: US DOJ Seizes 55 Million of SBF's Robinhood Shares
The FTX event has some interesting updates surfacing each day. Watcher.Guru had earlier reported that the US Department of Justice (DOJ) was eyeing to seize the Robinhood shares of Sam Bankman-Fried. According to the court documents, SBF had used a loan obtained from Alameda Research to purchase the shares. Earlier Delaware court filing reports from Jan 6 reveal that SBF was seeking access to his 55 million Robinhood shares. SBF wanted access to his $450 million HOOD shares to cover his legal fees. Now, according to the latest reports, the DOJ has officially seized the Robinhood shares of SBF . JUST IN: 🇺🇸 US government officially seizes SBF 's $455 million Robinhood $ HOOD shares. — Watcher.Guru (@WatcherGuru) January 9, 2023 FTX’s HOOD shares worth $455 million seized The stock had been held at a UK-based brokerage ED&F Man. The court document details also reveal that the seized assets constitute property that is involv...