Feds seize more than $600 million in assets from FTX founder Sam Bankman-Fried: Court filing
The federal government has seized more than $600 million in assets from disgraced Cryptocurrency executive Sam-Bankman Fried this month, according to a new court filing . The federal government has seized more than $600 million in assets from disgraced Cryptocurrency executive Sam-Bankman Fried this month, according to a new court filing . The seizures are part of the criminal case against Bankman-Fried, 30, who has pleaded not guilty to fraud and conspiracy charges linked to the alleged theft of billions of dollars from customers of and investors in FTX, the now-bankrupt crypto exchange he founded. MORE: What to know about Sam Bankman-Fried, FTX's embattled founder Federal prosecutors provided on Friday a list of assets subject to forfeiture as a result of the criminal charges, including cash held in various banks and accounts along with more than 55 million Robinhood shares. The most recent seizure came on Thursday, when the government took $94,570,490.63 in U.S. currency...