SBF borrowed $546M from Alameda to fund Robinhood share purchase
Published on: Tuesday 27 December 2022
Court documents revealed FTX founder Sam Bankman-Fried received loans of over $546 million to purchase his 7.6% stake in online brokerage Robinhood. A complicated legal battle is being waged over the ownership of the shares.
News source: https://cointelegraph.com/news/sbf-borrowed-546m-from-alameda-to-fund-robinhood-share-purchase