You are currently viewing Sam Bankman-Fried borrowed $546 million from his hedge fund to buy a Robinhood stake – CNN

Sam Bankman-Fried borrowed $546 million from his hedge fund to buy a Robinhood stake – CNN

When Sam Bankman-Fried bought a nearly 7.6% stake in Robinhood, the popular stock-trading app, earlier this year, he financed the deal with more than half a billion dollars borrowed from his own hedg… [read more]

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