[
    {
        "role": "user",
        "content": "how%20many%20shares%20of%20robinhood%20did%20sbf%20have%3F"
    },
    {
        "role": "assistant",
        "content": "Sam Bankman-Fried (often referred to as \u201cSBF\u201d) held approximately **56,273,469 shares** of Robinhood Markets. ([assets.bwbx.io](https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/r3rfZgrUgKvM/v0?utm_source=openai))\n\nThese shares represented about **7.6%** of Robinhood\u2019s outstanding shares at the time. ([coindesk.com](https://www.coindesk.com/business/2022/05/12/ftx-ceo-sam-bankman-fried-buys-56m-position-in-robinhood?utm_source=openai))\n\nHere\u2019s a breakdown of the situation:\n\n- The shares were acquired in May 2022 through **Emergent Fidelity Technologies**, a holding company controlled by SBF and Gary Wang. ([coindesk.com](https://www.coindesk.com/business/2022/05/12/ftx-ceo-sam-bankman-fried-buys-56m-position-in-robinhood?utm_source=openai))  \n- Because of legal and bankruptcy proceedings following FTX\u2019s collapse, these shares were seized by the U.S. Department of Justice. ([coindesk.com](https://www.coindesk.com/policy/2023/01/09/robinhood-shares-worth-nearly-500m-seized-in-ftx-case?utm_source=openai))  \n- Later, in September 2023, Robinhood repurchased these shares from the U.S. Marshals Service for about **$605.7 million**. ([fortune.com](https://fortune.com/2023/09/01/robinhood-buys-back-shares-sam-bankman-fried-owned/?utm_source=openai))\n\nIf you want, I can pull up how the situation changed since then, including the current ownership status."
    }
]