Sam Bankman-Fried borrowed $546M from his hedge fund to buy a Robinhood stake

When Sam Bankman-Fried bought a nearly 7.6% stake in Robinhood, the popular stock-trading app, earlier this year, he financed the deal with more than half a billion dollars borrowed from the his own hedge fund — the entity that prosecutors say was illegally funneling customer funds from its affiliated platform, FTX.

from CNN.com - RSS Channel - HP Hero https://ift.tt/SGCUlOI
via Free Job Alert Free Job Alert

Comments

Post a Comment

Popular posts from this blog

Rashmika Mandanna locked in as female lead for Salman Khan – AR Murugadoss’ Sikandar

Salman Khan fans can breathe a sigh of relief! While the superstar didn't have an Eid release this year, he has announced a massive upcoming project titled Sikandar to compensate. This action-packed film marks Khan's first collaboration with acclaimed director AR Murugadoss, and filming is expected to kick off in June 2024. Now, the makers have locked in the female lead – Rashmika Mandanna. Sikandar is more than just high-octane action sequences. Reports reveal a strong underlying story that unfolds into a dramatic and emotional narrative. The script's wholesomeness is said to be a key factor that attracted both Khan and his leading lady, Rashmika Mandanna. The production house officially announced the news on its social handles.   View this post on Instagram   A post shared by Nadiadwala Grandson (@nadiadwalagrandson) Rashmika Mandanna took to X, formerly Twitter, to say, "You guys for a long time have been asking me for the next update and here it is.. ❤️ Surpri...
Read more

Hema Malini welcomes MG M9 Electric MPV at Rs. 69.90 lakh packed with luxury features

Veteran Bollywood actress and Bharatiya Janata Party (BJP) MP Hema Malini has added the luxury electric MPV MG M9 to her garage, escalating her foray into the EV segment. The MG M9 was officially launched in India in July with an ex-showroom price of Rs. 69.90 lakh. Previously driving an MG Hector, Hema Malini now boasts two vehicles from JSW-MG Motor. According to posts shared online, the delivery event was intimate and festive. The video footage shows Ms. Malini removing the car cover, performing puja rituals, and exploring the vehicle’s interior. The boot (trunk) was decorated with balloons and photographs. She chose the Pearl Lustre White shade; MG also offers the model in Metal Black and Concrete Grey. Automobile enthusiasts were surely drawn to the glimpses of Hema Malini’s MG M9, a feature-packed model that has been gaining popularity since its launch in August 2025. Notable highlights include a 12.3-inch infotainment screen, 7-inch digital driver’s display, ventilated seats,...
Read more

Gopichand Malineni opens up about directing Sunny Deol; says, “I wrote the script knowing it’ll be perfect for someone like Sunny”

Taking his stardom to the next level, Sunny Deol signed a rather interesting deal this week. The actor will be making his big Telugu debut with the untitled film, which will be directed by Gopichand Malineni. The film, which is currently being referred to as SDGM, was announced earlier this week with the shooting commencing this month and will have Saiyami Kher as the leading lady as well as Regina Cassandra in a key role. Gopichand Malineni talks about his first collaboration with Sunny Deol In an interview with Hindustan Times, Gopichand Malineni revealed that the script was written for someone like Sunny Deol. Speaking of whether he is nervous or excited about directing Deol, Malineni said, “More than nervous about my Bollywood debut, I feel confident that it’ll be a good film. I wrote the script knowing it’ll be perfect for someone like Sunny. Luckily, Mythri Movie Makers also agreed and helped me approach him. To my surprise, Sunny said yes immediately because he liked it so muc...
Read more