The US Department of Justice is said to have taken possession or was in the process of taking possession of more than $400 million in Robinhood stock that is related to FTX as part of its investigation into the cryptocurrency exchange. This is said to have occurred as part of the investigation into the cryptocurrency exchange.

On January 4, Reuters published an article claiming that US officials had informed a judge that they were in the process of seizing assets related to FTX and its former CEO, Sam Bankman-Fried. The article said that US officials were in the process of seizing assets related to FTX and its former CEO.

According to the newspaper, these assets included about $468 million worth of Robinhood shares, which at press time were worth about 56 million shares.

The report was made public one day after a judge in the criminal case against SBF ordered it to stop accessing or transferring any bitcoin or assets originating from FTX or Alameda. The judge’s order was issued in connection with the case.

As a result of the large number of investors and creditors trying to get their money back in full during the FTX bankruptcy proceedings, ownership of Robinhood shares has become a contentious issue.

BlockFi, Bankman-Fried and Yonathan Ben Shimon, an FTX creditor, separately filed their case for ownership of the assets, arguing that they should take precedence over the other parties.

On January 3, 2019, Bankman-Fried appeared before a federal judge and pleaded not guilty to all eight criminal charges against him. Among these charges are wire fraud, securities fraud, and violations of the rules governing political money.

The former executive director of FTX has been under house arrest at his parents’ residence in the state of California since December. However, he is allowed to travel for reasons that have been pre-approved, such as appearing in court in New York. This is the only exception to this rule. A trial date for him has been set, which has been set for October 2.