A blockchain billionaire’s big bet

Hello and welcome back to the Chain Reaction podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down block by block for the crypto curious.
Although we’re in a crypto market pullback, 30-year-old blockchain billionaire Sam Bankman-Fried (SBF) managed to scrounge up over $600 million to buy 7.6% of trading platform Robinhood. Anita and Lucas talked about why the investment made financial sense for SBF even in this market, and what he might be scheming up for the company now that he has voting rights.
Robinhood has had a rough first half of the year

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