The FTX exchange, which is in the process of bankruptcy, went to court to protect a package of 56 million shares of Robinhood Markets (worth ~ $ 448 million) from creditors.
According to the statement, the securities were acquired and controlled by the brokerage company Emergent Fidelity Technologie, 90% owned by the founder and ex-CEO of FTX Sam Bankman-Fried.
The lawyers of the exchange admitted in the petition that the latter considered the personal assets and funds of the companies belonging to him as "interchangeable".