Robinhood’s Stocks Soar 20% After Sam Bankman-Fried Confirms His Stake In The Company

CEO of cryptocurrency exchange FTX Sam Bankman-Fried has bought a 7.6% stake in Robinhood Bankman-Fried has acquired approximately 56 million shares at an average price of $11.52 per share Robinhood’s stock prices have surged nearly 20% after Sam Bankman Fried disclosed his stake in the company. The FTX CEO has purchased a 7.6% stake in Robinhood, as confirmed by a recent SEC filing.  Sam Bankman-Fried reveals a 7.6% stake in Robinhood The filing indicates that the investment was conducted through […]