Instacart closes first day up 12%+, FTX sues SBF's parents
twistticker.substack.com
Instacart closed its first day of trading up 12%+, giving it a market cap of ~$11B, after initially popping ~40% in the early hours of trading - Link FTX is suing SBF’s parents in an attempt to recover millions of dollars of what the company alleges are “fraudulently transferred and misappropriated funds”; accusations in the lawsuit include exploiting the company’s corporate structure to facilitate the transfer of a $10M cash gift -
Instacart closes first day up 12%+, FTX sues SBF's parents
Instacart closes first day up 12%+, FTX sues…
Instacart closes first day up 12%+, FTX sues SBF's parents
Instacart closed its first day of trading up 12%+, giving it a market cap of ~$11B, after initially popping ~40% in the early hours of trading - Link FTX is suing SBF’s parents in an attempt to recover millions of dollars of what the company alleges are “fraudulently transferred and misappropriated funds”; accusations in the lawsuit include exploiting the company’s corporate structure to facilitate the transfer of a $10M cash gift -