Crypto News Today | Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock |

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has filed a request in a U.S. court to hold onto approximately $450 million worth of Robinhood stock. In a court filing, Bankman-Fried's representatives argue that he needs access to these funds in order to pay for his criminal defense. They cite U.S. case law which states that the inability to afford a defense may constitute "irreparable damage" to the impacted party. The details of the criminal case in question have not been publicly disclosed.

Crypto News Today | Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock |

Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock

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Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock
Sam Bankman-Fried
FTX CEO
Robinhood stock
Court filing
Criminal Defense
Financial inability to defend oneself
Irreparable damage
Cryptocurrency exchange
Business and finance
Legal proceedings