Feds want control of $460 million Robinhood stake in fraud case against FTX founder - San Francisco Business Times

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Feds want control of $460M Robinhood stake in fraud case against FTX founder.

The U.S. government has seized, or is in the process of seizing, hundreds of millions in assets connected to cryptocurrency exchange FTX Trading Ltd., lawyers said in bankruptcy court on Wednesday.

A court hearing will eventually be held to determine what happens to the shares and the assets seized from the bank accounts,that U.S. Justice Department lawyer Seth B. Shapiro said during the court hearing in Delaware.

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