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Coin Edition
2023-02-09 11:42:49

Robinhood Plans To Buy Back Shares From SBF, Negotiations Underway

Robinhood Plans To Buy Back Shares From SBF, Negotiations Underway

The Board of Directors at Robinhood Markets Inc. has approved the plan to buy back $55 million in shares bought by Sam Bankman-Fried (SBF), ex-CEO of bankrupt FTX, last year. Currently, they are negotiating with the justice system to facilitate the move. Robinhood Chief Financial Officer Jason Warnick states: Since there is limited precedent for The post Robinhood Plans To Buy Back Shares From SBF, Negotiations Underway appeared first on Coin Edition .

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