SBF Took $546M Loan From Alameda to Buy Robinhood Shares

SBF Took $546M Loan From Alameda to Buy Robinhood Shares

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FXT founder and former CEO Sam Bankman-Fried (SBF) borrowed over $546 million from his trading house, Alameda Research, to purchase a 7.6% stake in Robinhood earlier this year. According to an affidavit filed in the High Court of Justice Antigua and Barbuda on December 12 before the arrest of SBF,…

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