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Robinhood will repurchase SBF's stake in Emergent Fidelity Technologies for $605.7 million from the US government.

2023-09-01 13:30
Odaily News: Robinhood has reached an agreement with the United States Marshals Service (USMS) to repurchase the shares of Emergent Fidelity Technologies from SBF for $605.7 million. After FTX and Emergent filed for bankruptcy protection last year, Robinhood's shares were seized and subsequently handed over to the US government for safekeeping. (Reuters)