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  • Sam Bankman-Fried used $546M in Alameda funds to buy Robinhood stake
    by News Worthy
    Dec 30, 2022
    Impacts

    Disgraced FTX founder Sam Bankman-Fried borrowed $546 million from Alameda Research to purchase Robinhood shares this year, new court documents show. The indicted 30-year-old admitted he and co-founder Gary Wang took out the money to buy the 7% stake in Robinhood, according to an affidavit Bankman-F...

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