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FTX's Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares

Alameda took out a loan pledging those same shares as collateral.

FTX Founder Sam Bankman-Fried being extradited back to the United States from the Bahamas. (Royal Bahamas Police Force)
FTX Founder Sam Bankman-Fried being extradited back to the United States from the Bahamas. (Royal Bahamas Police Force)