Simon Dixon tweeted that it is not surprising if SBF gets the $450 million shares from Robinhood. He referred to SBF’s request to hold his shares of Robinhood for meeting the latter’s expenses for the...
Tag: Shares
Analyst Shares His Lackluster Expectations For BTC And ETH
BTC is currently trading hands at $16,944.93 after a 0.05% increase in price. A crypto analyst believes BTC and ETH prices will drop in the upcoming week. BTC will probably lower to $15.6k in the comi...
Leave Robinhood Shares Alone: SBF to FTX Debtors
SBF and Gary Wang bought a 56.2 million share stake in Robinhood. Sam would be using this to fund the legal battle. Alameda, BlockFi and FTX debtors are trying to access the fund. FTX was once the t...
Sam Bankman-Fried Spars With FTX Debtors Over Seized Robinhood Shares Valued at Over $460,000,000
Disgraced FTX founder Sam Bankman-Fried is fighting with FTX debtors over hundreds of millions of dollars worth of seized Robinhood shares. Court documents reveal that Bankman-Fried’s legal team says ...
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team for former FTX CEO Sam Bankman-Fried has filed a motion in an effort to stop the exchange’s debtors from controlling more than $450 million worth of shares of Robinhood. In a Jan. 5 cou...
Huobi plans layoffs, sees outflows; SBF seeks to retain his Robinhood shares
The biggest news in the cryptoverse for Jan. 6 saw Huobi announce mass layoffs. Meanwhile, former FTX CEO Sam Bankman-Fried has insisted on controlling his shares of Robinhood. Plus, developments arou...
Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts
The bank has also halted its plans to launch a digital currency and has written off the $196 million related to its acquisition of the technology and assets of Diem Association from Facebook parent Me...
Fox Business Journalist Shares Worst-Case Scenario if Ripple loses to SEC
The United States Securities and Exchange Commission (SEC) is continuing to place a high priority on its legal struggle against Ripple and is moving in the direction of an expected summary judgment. E...
SBF Files to Protect His Robinhood Shares from FTX Debtors
The lawyers of disgraced FTX co-founder Sam Bankman-Fried have filed an objection to protect their client’s Robinhood shares from FTX bankruptcy estate. Sam Bankman-Fried’s lawyers argued his Robinhoo...
CrowdStrike Stock Has Tumbled. A Director Scooped Up Shares.
CrowdStrike Holdings stock tumbled in 2022, and one director scooped up shares of the provider of security software in the last week of that year. CrowdStrike (ticker: CRWD) lost about half of its mar...
Baxter Plans Divesting Renal Care Business Into Separate Public Company, Shares Fall
Baxter International Inc (NYSE: BAX) announced spinning off its Renal Care and Acute Therapies global business unit into an independent, publicly traded company. The new kidney care company will benef...
SBF Seeks To Block FTX Debtors From Taking Robinhood Shares
Founder of defunct crypto exchange FTX, Sam Bankman-Fried has filed a motion seeking to block FTX debtors from taking control of his 56 million Robinhood shares. Earlier, US prosecutors announced to s...
Sam Bankman-Fried’s lawyers just filed a claim to keep his $450 million in Robinhood shares, arguing he needs them for legal fees
On Thursday night, the lawyers of disgraced crypto founder Sam Bankman-Fried filed an objection in the bankruptcy proceedings of his crypto exchange, FTX, to retain 56 million shares of Robinhood, cur...
FTX ex-CEO wishes to retain $450m Robinhood shares for this reason
FTX Ex-CEO SBF argued that he should retain control of approximately $450 million in shares of financial trading app Robinhood. “Mr. Bankman-Fried requires some of these funds to pay for his criminal ...
Leon Cooperman shares market outlook following monthly jobs report
S&P 500 is in the green this morning even though the Bureau of Labour Statistics reported a better-than-expected growth in nonfarm payrolls for December. Notable figures in the monthly jobs report...
Bloomberg’s Mike McGlone Shares Crypto Outlook for 2023
Alex Dovbnya No. 2 crypto took plunge in 2022, but investors are speculating whether it may be bottoming out Bloomberg commodity analyst Michael McGlone recently released a report that states that Eth...
Robinhood Shares up 3.4% Despite Links to Bankrupt FTX
Godfrey Benjamin Shares of brokerage firm Robinhood up 3.4% amid its indictment with FTX Commission-free brokerage platform Robinhood Markets Inc saw its investors unfazed as its shares closed up 3.47...
Essentra’s Shares Slump 9% As Sales Fall In Q4
Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images LightRocket via Getty Images Shares in industrial fasteneers manufacturer Essentra slumped on Friday after it announced wo...
Sam Bankman-Fried wants to retain ownership of Robinhood shares worth $450M
FTX founder Sam Bankman-Fried wants to retain control of Robinhood shares worth $450 million on the basis that the bankrupt exchange has no “legal claims” over the assets, according to a Jan. 5 court ...
Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares
Sam Bankman-Fried has argued he should retain control of around $450 million in shares of financial trading app Robinhood, disputing a rival claim by the estate of the company he founded and once ran,...
BTC Drops By 0.20% As Silvergate Shares Plunge
Bitcoin Price Today 6 Jan 2023: The price of Bitcoin falls down after the news of Silvergate laying off employees breaks out. It is down by 0.20% in the last 24 hours. Bitcoin was trading for 16,878.6...
SBF Wants to Keep Control of $450 Million Worth of Robinhood Shares
Sam Bankman-Fried has asked the court to allow him to retain control over the 56 million shares that he owns in Robinhood. The stock is currently worth around $450 million. SBF’s lawyers argued that t...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
Bankman-Fried tells FTX debtors to leave his Robinhood shares alone
FTX co-founder Sam Bankman-Fried has filed a court action seeking to block debtors from taking control of his roughly $450 million stake in brokerage Robinhood. Lawyers for the disgraced exchang...
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets a...
CytomX shares surge more than 50% on Moderna partnership
CytomX Therapeutics Inc. CTMX, +7.19% shares soared more than 50% in the extended session Thursday after the small biotech company announced a partnership with Moderna Inc. MRNA, -2.17% CytomX shares ...
U.S. Government Seize Robinhood Shares linked with Sam Bankman-Fried
The U.S. prosecutors has seized — or is in the process of seizing shares of Robinhood Markets Inc (NASDAQ:HOOD) hundreds of millions of dollars worth of Robinhood Markets shares as part of the fraud c...
Should I buy Coca-Cola shares in January 2023?
The Coca-Cola Company (NYSE: K.O.) shares have advanced more than 15% since October 10, 2022, and the current price stands at $62.20. Coca-Cola reported strong third-quarter earnings results in Octobe...
Bitcoin Miner Stronghold Moves To Erase $18M in Debt as CEO’s Shares Plummet
Stronghold Digital Mining is looking to free up its cash flows on the heels of its chief executive buying about $1 million of stock that has since sunk by about 75%. The bitcoins the company min...