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Crypto Billionaire Sam Bankman-Fried Is on a Shopping Spree

The Robinhood website on a laptop computer.

The Robinhood website on a laptop computer.

Photographer: Tiffany Hagler-Geard/Bloomberg

Hello, it’s Matt in New York. Today, I’m looking at crypto billionaire Sam Bankman-Fried’s most ambitious pursuit yet: a potential acquisition of Robinhood. Meanwhile, billions of dollars of UK deals have fallen apart in the past few weeks in a bruising end to the first half for British bankers. 

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The crypto winter means it’s shopping season for the head of one of the biggest digital currency exchanges.