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.
The Department of Justice revealed the seizure 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 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.
Oh, that 700 million
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