Disgraced founder has asked a federal judge to allow him access to some $465 million worth of shares in Robinhood, saying he needs cash to pay his legal fees.Attorneys for Bankman-Fried made the request in a motion filed on Thursday night with the judge overseeing FTX's bankruptcy, arguing that the 56.3 million shares of Robinhood are owned by an entity that is not party to the proceedings.Bankman-Fried, whose net worth was once estimated at $15.6 billion, has said that he has about $100,000 in cash reserves remaining after his cryptocurrency exchange collapsed and he was charged with fraud.
Load More
Load More