![Robinhood-CEO-Shuts-Down-FTX-MA-Chatter-Says-He-Has.jpg Robinhood CEO Shuts Down FTX M&A Chatter, Says He Has Money to Do His Own Deals](https://cryptotoptrends.com/wp-content/uploads/2022/08/Robinhood-CEO-Shuts-Down-FTX-MA-Chatter-Says-He-Has-678x381.jpg)
The collapse of FTX and the resulting fallout has a number of potential implications for Robinhood, the report said. These include the potential liquidation of 56.3 million shares owned by FTX founder Sam Bankman-Fried, the removal of FTX as a potential acquirer, and lower crypto trading revenue due to the “substantial price declines and material deterioration in investor confidence.
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