The purchase of the 55 million Robinhood shares had been expected following approval from the company’s board and a U.S. district court.
Source: https://cointelegraph.com/app/public/index.php/news/robinhood-bought-sam-bankman-fried-stake-us-marshals
Robinhood bought back Sam Bankman-Fried’s stake from US gov’t for $606M
