Robinhood Markets, Inc. to Present at the Wolfe Research Wealth Symposium on November 8, 2022

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Robinhood (HOOD) volatile on rumors amid SBF's FTX drama

November 8, 2022 1:00 PM EST

Rumors continue to swirl about FTX CEO Sam Bankman-Fried's 56,273,469 shares, or 7.6% stake, in Robinhood (NASDAQ: HOOD), amid Binance's proposed takeover of FTX's non-U.S. operations, following a potential "significant liquidity crunch."

Speculation has turned to if Bankman-Fried will have to sell the... More