The Robinhood shares held by SBF, which was previously seized by the US Department of Justice, have now more than septupled in value, rising to 4.6 billion US dollars.

2025-06-25 03:11:57

Golden Finance reported that, according to encryption researcher Simon, FTX founder Sam Bankman-Fried (SBF) bought 56.27 million shares of Robinhood at an average price of $11.52 in 2022, with a total value of approximately $648 million, accounting for about 7.6% of the company. As of now, the Robinhood stock price has risen to $82.18, and if SBF still holds these shares, the value will reach 4.6 billion dollars. However, after the collapse of FTX, the US Department of Justice seized these stocks, and later Robinhood bought them back for 6.06 billion dollars.

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