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Sam Bankman-Fried, CEO of FTX, denies rumors of an acquisition. (Photo : Lauren DeCicca / Getty Images) Sam Bankman-Fried, CEO of FTX, denies rumors of an acquisition.
Shares of the popular online brokerage firm Robinhood jumped following an announcement that FTX founder and cryptocurrency billionaire Sam Bankman Fried has acquired a considerable 7.6% stake in the company.