U.S. DOJ In Process Of Seizing Robinhood Shares Tied To Bankman-Fried

U.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 Department of Justice did not believe the 56 million shares of Robinhood, a popular stock-trading app, were property of a bankruptcy estate, U.S….