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The 3rd largest robinhood share holder

CRYPTOnite

2022-05-23 (23:40:44)

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Sam Bankman-Fried got 7.6% stake in trading app Robinhood, according to a Securities and Exchange Commission (SEC) filing. The position is worth around $648 million. This is according to reports from Fortune.

He is also the CEO of the crypto exchange FTX if you are not familiar about him. Aside from those, he also owns an investment firm called Emergent Fidelity Technologies.

After the news of his share acquisition, robinhood's share went up

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