Robinhood aikoo ostaa takaisin osakkeet, jotka oikeusministeriö on takavarikoinut FTX-virheen vuoksi

Robinhood Markets Inc., the U.S.-based financial services company, plans to purchase the 55 million of its shares that FTX-linked Emergent Fidelity Technologies bought in May 2022, according to its tulos raportti released Wednesday. The shares, worth more than US$550 million, are the subject of a creditor dispute in the FTX bankruptcy.

Katso liittyvä artikkeli: Yhdysvaltain viranomaiset takavarikoivat 460 miljoonan dollarin Robinhoodin osakkeita FTX-petostapauksessa

Nopeat faktat

• The FTX exchange founder Sam Bankman-Fried and cofounder Gary Wang last year formed Emergent Fidelity to ostaa 56 miljoonaa Robinhoodin osaketta 546 miljoonan dollarin lainoilla Alameda Researchilta, FTX:n välitysosastolta.
• “The proposed share purchase underscores the confidence the Board of Directors and management team have in our business,” Robinhood said in its earnings report.
• However, ownership of the shares is kiistanalainen among three parties — bankrupt crypto lender BlockFi, FTX creditor Yonathan Ben Shimon, and Bankman-Fried. All three have filed court actions to gain control of the stake.
• Last month, the U.S. Department of Justice said in a tuomioistuimen hakeminen that it has seized the shares. Robinhood sanoi it’s in discussions with the DoJ about buying back the stake.
• FTX collapsed in November 2022 after it ran out of funds to meet customer withdrawals. U.S. Federal prosecutors later charged Bankman-Fried with a list of financial crimes, including securities fraud, money laundering, and campaign finance violations.
• Last week, Emergent Fidelity jätetty for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of Delaware. FTX and dozens of its affiliates filed for bankruptcy on Nov. 11 last year.
• In the fourth quarter of 2022, Robinhood’s cryptocurrency revenue fell 24% to US$39 million from the previous quarter, according to its earnings report.

Katso liittyvä artikkeli: Sam Bankman-Fried käytti Alameda Researchin rahaa ostaakseen Robinhoodin osakkeita

• SEO-pohjainen sisällön ja PR-jakelu. Vahvista jo tänään.
• Platoblockchain. Web3 Metaverse Intelligence. Tietoa laajennettu. Pääsy tästä.
• Lähde: https://forkast.news/headlines/robinhood-aims-to-buy-back-its-shares-seized-by-department-of-justice-in-ftx-failure/