Online brokerage Robinhood has reached an agreement with the U.S. Marshal Service (USMS) to repurchase shares from Sam Bankman-Fried’s Emergent Fidelity Technologies. The deal, valued at $605.7 million, comes after Robinhood’s shares were...
Robinhood hopes to buy back 55 million shares from Sam Bankman-Fried’s Emergent Fidelity Technologies. The trading platform said during its earnings call on Wednesday (Feb....
It’s a renaissance for non-institutional market participation, and Robinhood wants to capitalize on that environment. The commission-free trading app told investors during its fourth quarter...
The Sam Bankman-Fried-owned business that holds millions of shares in Robinhood has filed for bankruptcy. The bankruptcy filing by Emergent Fidelity Technologies, reported Saturday (Feb....
The question of ownership of FTX’s shares of Robinhood stock has become more complicated. FTX founder and former CEO Sam Bankman-Fried (SBF) told a court...