Sam Bankman-Fried, former CEO of FTX, has filed a lawsuit to retain his $450 million stake in Robinhood.
FTX events and Sam Bankman Fried (SBF) continue to be on the agenda in the new year. SBF, which is in the middle of legal processes, is on trial with the possibility of imprisonment of up to 115 years. On the other hand, lawyers began to agree that SBF was committing fraud and manipulation. However, the SBF side continues to deny and deny the events. Most recently, SBF intimidated FTX borrowers who covet its $450 million stake in Robinhood. SBF sued for the protection of the shares.
Sam Bankman-Fried Sues for Robinhood Shares
Sam Bankman-Fried (SBF), former CEO of FTX, is heavily involved in legal processes. Finally, SBF took action to protect its shares.
The former stock market boss sued to protect his shares in Robinhood. SBF claimed that these shares are its own and not owned by the bankrupt FTX companies.
FTX’s co-founder, SBF, is working hard to ensure that the debtor companies within FTX do not take control of the shares he thinks belong to him. A $450 million stake in Robinhood caught the eye of FTX, which was in the process of bankruptcy.