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Just-In: Sam Bankman Fried used $546 Mn from Alameda Research to buy Robinhood shares

 

According to court documents, Sam Bankman-Fried was the former CEO of FTX and took out loans from Alameda Research totaling hundreds of million dollars to fund his massive purchase of Robinhood shares. In court, the disgraced crypto tycoon stated that loans from Alameda were used for the purchase of a staggering 7.6%.
CoinGape’s first post was Just-In: Sam Bankman Fried Used $546 Mn From Alameda Research to Buy Robinhood Shares

 

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