The Robinhood shares were in principle owned by FTX co-founders Bankman-Fried and Gary Wang through their Emergent Fidelity Technologies holding company. FTX, now run by John Ray III, had asked a judge late last month to freeze the stock. Bankman-Fried naturally opposed the move, saying, in part, he needed the shares to help pay his legal fees.

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• Source: https://www.coindesk.com/policy/2023/01/09/robinhood-shares-worth-nearly-500m-seized-in-ftx-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines