Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing.
Bankman-Fried, who has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, has pleaded not guilty to fraud charges. He is scheduled to face trial in October.of Robinhood shares earlier this month, but it provided a more complete list of seized assets Friday, including cash held at various banks and assets deposited at crypto exchange Binance.
The ownership of the seized Robinhood shares, valued at about $525 million, has been the subject of disputes between Bankman-Fried, FTX, and bankrupt crypto lender BlockFi. The most recent asset seizure reported by the DOJ took place on Thursday, when prosecutors seized $94.5 million in cash from an account at Silvergate Bank which was associated with FTX Digital Markets, FTX's subsidiary in the Bahamas. The DOJ seized more than $7 million from other Silvergate accounts associated with Bankman-Fried and FTX.
The DOJ previously seized nearly $50 million from an FTX Digital Markets account at Moonstone Bank, a small bank in Washington state. DOJ also said that assets in three Binance accounts associated with Bankman-Fried were subject to criminal forfeiture, but did not provide an estimate of the value in those accounts.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.S. Lays Claim to $700 Million of Assets Linked to Bankman-Fried, FTXJUST IN: U.S. prosecutors are seeking to take control of nearly $700 million in assets linked to Sam-Bankman-Fried and FTX. realDannyNelson reports
Weiterlesen »
Almost 200 Members of Congress Received Money From Sam Bankman-Fried or FTX Executives | CoinMarketCapcryptonews: If you are a member of the House or Senate who did not get money from Sam Bankman-Fried of one of his FTX minions, please stand up. ✋
Weiterlesen »
Davos crypto crowd distance themselves from FTX and Sam Bankman-Fried: “It's fraud'Executives at Davos said the FTX collapse was not a crypto problem but alleged 'fraud' by Sam Bankman-Fried.
Weiterlesen »
Top Republican Patrick McHenry calls FTX founder Sam Bankman-Fried a 'world-class sociopath'The new chairman of the House Financial Services Committee said on 'The Takeout' this week that Bankman-Fried has 'proven himself to be untrustworthy by his actions,' and 'no word he utters should be believed.'
Weiterlesen »
FTX bankruptcy lawyer: debtors face 'assault by Twitter' stemming from Sam Bankman-FriedTwitter war erupts as FTX bankruptcy case heats up. Former CEO Sam Bankman-Fried faces criticism for social media activity targeting the law firm representing debtors.
Weiterlesen »