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coinpedia 2023-09-01 13:54:36

Robinhood to Buy Back $605.7M in Stock from FTX Founder; Court Approves Deal!

The post Robinhood to Buy Back $605.7M in Stock from FTX Founder; Court Approves Deal! appeared first on Coinpedia Fintech News Robinhood, the online brokerage company, has been approved by the US District Court in New York to buy back $605.7 million worth of shares owned by FTX founder Sam Bankman-Fried. The approval comes after a legal battle between the two companies over Robinhood’s decision to restrict trading in certain stocks, including GameStop, in early 2021. …

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