CNBC:
Robinhood plans to buy up to 55M shares, or 7%+ of the company’s outstanding shares, that Sam Bankman-Fried bought in 2022 and the US DOJ seized in January 2023 — – Robinhood’s board has approved a plan to purchase Sam Bankman-Fried’s shares in the company, which amount to more than a 7% stake.
CNBC:
Robinhood plans to buy up to 55M shares, or 7%+ of the company’s outstanding shares, that Sam Bankman-Fried bought in 2022 and the US DOJ seized in January 2023 — – Robinhood’s board has approved a plan to purchase Sam Bankman-Fried’s shares in the company, which amount to more than a 7% stake.