Robinhood plans to purchase as much as 55M shares, or 7%+ of the corporate's excellent shares, that Sam Bankman-Fried purchased in 2022 and the US DOJ seized in January 2023 (CNBC)

February 8, 2023

19

CNBC:

Robinhood plans to purchase as much as 55M shares, or 7%+ of the corporate’s excellent shares, that Sam Bankman-Fried purchased in 2022 and the US DOJ seized in January 2023 — – Robinhood’s board has permitted a plan to buy Sam Bankman-Fried’s shares within the firm, which quantity to greater than a 7% stake.

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