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3232SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’
https://www.digit.info/sbf-fights-for-robinhood-shares-says-he-needs-them-more-than-ftx-customers-who-only-suffer-possibility-of-economic-loss/
Mon, 09 Jan 2023 01:30:53 +0000https://www.digit.info/2023/01/09/sbf-fights-for-robinhood-shares-says-he-needs-them-more-than-ftx-customers-who-only-suffer-possibility-of-economic-loss/Read more]]>Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs them to “pay for his criminal defense,” stressing that without them the consequences would be serious and “irreparable.” FTX customers, on the other hand, […]
]]>FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
https://www.digit.info/ftx-attempts-to-freeze-robinhood-shares-as-creditors-swarm-to-scoop-450m-in-hood-stock/
Fri, 23 Dec 2022 18:30:04 +0000https://www.digit.info/2022/12/23/ftx-attempts-to-freeze-robinhood-shares-as-creditors-swarm-to-scoop-450m-in-hood-stock/Read more]]>Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over FTX’s 56 Million Robinhood Shares On Dec. 22, 2022, court […]
]]>Robinhood Launches Recurring Crypto Buy Feature to ‘Help Smooth Out Price Swings’
https://www.digit.info/robinhood-launches-recurring-crypto-buy-feature-to-help-smooth-out-price-swings/
Thu, 09 Sep 2021 23:30:52 +0000https://www.digit.info/2021/09/09/robinhood-launches-recurring-crypto-buy-feature-to-help-smooth-out-price-swings/Read more]]>On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called dollar-cost averaging “in order to help smooth out the price swings.” Robinhood Rolls Out Recurring […]