The Daily Hodl
2022-12-27 19:41:36

Sam Bankman-Fried Borrowed Hundreds of Millions of Dollars From Alameda To Buy Robinhood Shares: Court Documents

Court documents in the Caribbean are revealing new ways that former FTX CEO Sam Bankman-Fried misallocated customer funds before the exchange’s collapse. In the official Caribbean Supreme Court affidavit from Sam Bankman-Fried, SBF puts it on record that funds were borrowed from Alameda Research to purchase shares in Robinhood. First, Bankman-Fried confirms that the shell corporation Emergent The post Sam Bankman-Fried Borrowed Hundreds of Millions of Dollars From Alameda To Buy Robinhood Shares: Court Documents appeared first on The Daily Hodl .

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