Robinhood CEO says Bankman-Fried stake likely locked up in bankruptcy

Robinhood Markets (HOOD) CEO Vlad Tenev told CNBC that he’s unclear what Sam Bankman-Fried is going to do with his 7.6% stake in his company. "I’m not surprised that it’s one of the more valuable assets they have on on their balance sheet because it is public company’s stock," Tenev said on CNBC. "We don’t have a lot of information that you guys don’t have. We’re just watching this unfold and … it’s going to be locked up in bankruptcy proceedings, most likely for some time. And so we’re just kind of seeing how that plays out." Reference Link