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Robinhood $HOOD closed down 19% today.
FTX CEO Sam Bankman-Fried has 56,273,469 shares in $HOOD
There's speculation that Bankman-Fried will have to sell some or all of the 7.6% stake to shore up some personal liquidity.
What are your thoughts?
— Benzinga (@Benzinga) November 8, 2022
Robinhood down 20% as it turns out FTX used monopoly money to buy their stake... $HOOD
— Ross Gerber (@GerberKawasaki) November 8, 2022