$546M SBF Borrowed from Alameda to fund Robinhood share purchase
The FTX pioneer uncovered Alameda supported the acquisition of Robinhood shares which were subsequently utilized as insurance for Alameda to get a credit from BlockFi.
Those same offers were subsequently utilized by Bankman-Seared as security for a credit taken by Alameda from BlockFi, one of the substances that are making a case for the offers.
A testimony by Bankman-Broiled documented in the Antigua and Barbuda High Court on Dec. 12 — the day of his capture — and unveiled on Dec. 27, uncovered he and FTX fellow benefactor Zixiao