Feds want control of $460 million Robinhood stake in fraud case against FTX founder - San Francisco Business Times

The U.S. government has seized, or is in the process of seizing, hundreds of millions in assets connected to cryptocurrency exchange FTX Trading Ltd., lawyers said in bankruptcy court on Wednesday.

A court hearing will eventually be held to determine what happens to the shares and the assets seized from the bank accounts,that U.S. Justice Department lawyer Seth B. Shapiro said during the court hearing in Delaware.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. DOJ in process of seizing Robinhood shares tied to Bankman-FriedU.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange, a U.S. attorney told a judge on Wednesday. The DOJ was in on it so basically they are just protecting themselves when they investigate their business partners 🤣🤣🤣
Source: Reuters - 🏆 2. / 97 Read more »