Sam Bankman-Fried received money from Alameda to purchase Robinhood stock.
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As the case against FTX founder Sam Bankman-Fried continues, new developments have emerged. According to recent court documents, FTX chief Sam Bankman-Fried and the company’s co-founder borrowed hundreds of millions of dollars from his sister company Alameda Research in order to buy shares of a popular trading app, Robinhood Markets (HOOD). According to the affidavit […]