SBF borrowed $546M from Alameda to fund Robinhood share purchase

Permalink Report to webmaster

An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi.

Source: Cointelegraph.com News

#Robinhood, #Shares, #Sbf, #SamBankmanfried, #Court, #Alameda, #Loans, #BlockFi, #Bankruptcy, #EmergentTechnologies, #Affidavit