Three accounts were at Silvergate Bank and held U.S. dollars in the name of FTX Digital Markets, a Bahamian subsidiary.
Federal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood shares that were owned by the FTX founder, a court filing revealed Friday., is trying to rescue funds that were lost by the crypto company's depositors when the firm spiraled into bankruptcy in November. Bankman-Fried was arrested on criminal fraud charges in December and is released on a $250 million bond as he awaits trial.
The 55 million-plus Robinhood shares are at the heart of a contentious multi-party battle between Caribbean litigants, representatives of bankrupt crypto lender BlockFi, Bankman-Fried himself, and FTX's bankruptcy leadership.
$SI is the on/off ramp for illicit finance funding political corruption, money laundering, frauds, scams, and terrorism financing. DOJCrimDiv FBI SDNYnews
Oh how nice…..p o s
Can we put that money to good use and. It in the politicians pockets for their use. Thanks!
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Nearly $700 million of Bankman-Fried's assets seized by Feds: CNBCThe cash and assets seized by prosecutors were primarily made up of Robinhood shares. Wen justice? fintechfrank He said only got $100K, so it’s another lie of 7000x magnitude, what a genius🤣
Source: TheBlock__ - 🏆 464. / 53 Read more »
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 realDannyNelson look at those beady little eyes. such a thief realDannyNelson to the royal bank of biden realDannyNelson 📰 BREAKING: U.S. prosecutors are seeking to take control of nearly $700 million in assets linked to Sam Bankman-Fried and FTX according to realDannyN
Source: CoinDesk - 🏆 291. / 63 Read more »
Feds seized nearly $700 million from FTX founder Bankman-FriedFederal 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. Good! Does that mean that he is a fried bankman now ? Just another con man.
Source: Reuters - 🏆 2. / 97 Read more »
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. The Big Guy recieved biggest Donation from SBF. Did he return it? Come on Man! say: Fried-fraud. In loop mode! Except politicians who took his money.. these same politicians are in Davos again looking for their next pay check..
Source: CNBC - 🏆 12. / 72 Read more »
How Sam Bankman-Fried’s ties with the Clintons helped him dupe investorsSBF cultivated ties with A-list celebrities, politicians and investors alike — but one power couple in particular was key to boosting his profile. How surprising !! Is anyone surprised 😂😂😂 it's the Dem party I'm sure that mostly everyone will see the attachment 😉
Source: nypost - 🏆 91. / 67 Read more »
‘You won’t keep us out’: Car drove into barricade outside Sam Bankman-Fried’s houseThe family hired a $10,000-a-week, armed security detail to guard the house after the accused cryptocurrency fraudster received death threats. Same way he couldn’t keep his hands off customer funds. He'll freak out when he hits prison. No amount of barricades will protect him from 'eratic drivers' attempting to penetrate his personal space. there are a lot of upset people who want their money back, not surprising
Source: nypost - 🏆 91. / 67 Read more »