He still has ~$600m of HOOD stock plus whatever equity stake is left in FTX.us. FTX.us is probably worth at least a few billion.
Isn’t FTX.US likely to significantly drop in value too?
Probably. They are insulated financially (I think), but not reputationally. They might need to rebrand (despite the large amount of costs sunk into marketing!)
He still has ~$600m of HOOD stock plus whatever equity stake is left in FTX.us. FTX.us is probably worth at least a few billion.
Isn’t FTX.US likely to significantly drop in value too?
Probably. They are insulated financially (I think), but not reputationally. They might need to rebrand (despite the large amount of costs sunk into marketing!)