Feds want control of $460M Robinhood stake in fraud case against FTX founder.
The U.S. government has seized, or is in the process of seizing, hundreds of millions in assets connected to cryptocurrency exchange FTX Trading Ltd., lawyers said in bankruptcy court on Wednesday.
A court hearing will eventually be held to determine what happens to the shares and the assets seized from the bank accounts,that U.S. Justice Department lawyer Seth B. Shapiro said during the court hearing in Delaware.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOJ seizing millions in Robinhood shares linked to FTX, lawyer saysThe Justice Department is seizing millions in Robinhood Markets shares linked to FTX founder Sam Bankman-Fried.
Read more »
US authorities are seizing $460M in Robinhood shares tied to FTX: ReportBlockFi, Sam Bankman-Fried and FTX creditor Yonathan Ben Shimon have all made claims on 56 million Robinhood shares, but the U.S. government may have the final say.
Read more »
U.S. Moves to Seize Robinhood Shares, Silvergate Accounts Tied to FTXThe U.S. is seizing assets tied to FTX valued at hundreds of millions of dollars, including Robinhood shares and money in Silvergate accounts
Read more »
US Feds put together ‘FTX task force’ to trace stolen user fundsUS federal prosecutors have put together a specialized task force to “trace and recover” the estimated $8 billion in FTX customer funds that were found to be allegedly misappropriated in November last year.
Read more »
U.S. DOJ in process of seizing Robinhood shares tied to Bankman-FriedU.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.
Read more »