Just-In: Sam Bankman-Fried Used $546 Mn From Alameda Research To Buy Robinhood Shares

According to the documents filed in the case, the former CEO of FTX, Sam Bankman-Fried, took out loans totaling hundreds of millions of dollars from Alameda Research in order to fuel his massive purchase of Robinhood shares. The disgraced crypto tycoon testified in court that loans from Alameda were used to buy a staggering 7.6% The post Just-In: Sam Bankman-Fried Used $546 Mn From Alameda Research To Buy Robinhood Shares appeared first on CoinGape .