In a court filing on Friday, federal prosecutors confirmed the seizure of the 55.3 million Robinhood shares and an additional $20.7 million in cash from UK brokerage ED&F Man Capital Markets.
Disgraced FTX founder Sam Bankman-Fried has asked a federal judge to allow him access to some $465 million worth of shares in Robinhood, saying he needs cash to pay his legal fees.
FTX’s US debtors, who are in Chapter 11 bankruptcy, and the joint provisional liquidators (JPL) who are overseeing the winding up of FTX Digital Markets (FTX DM) in The Bahamas are once again working to reach an agreement over access to the exchange’s data. The JPLs and FTX’s new CEO John Ray III have exchanged