Feds seize more than $170 million in cash accounts linked to Sam Bankman-Fried

The Justice Department has seized more than $170 million in cash from multiple accounts associated with disgraced FTX co-founder Sam Bankman-Fried, according to court documents filed Friday. This is in addition to an estimated $526 million in stock which was also seized by the federal government.They included $94.

Prosecutors also seized 55.27 million shares of Robinhood stock from an ED&F Man Capital Markets account, according to the court filing. The stock for Robinhood, an online trading platform, closed at $9.52 a share Friday, putting the value of that seizure at more than $526 million.in the Bahamas on federal charges of wire fraud and conspiracy related to the collapse of his cryptocurrency exchange FTX.to all charges in a Jan. 3 hearing. He remains free on $250 million bond.

The sudden collapse of FTX has reverberated throughout the financial world and garnered questions about the viability of cryptocurrency. On Nov. 11, FTXCryptocurrency

Prosecutors have announced a plea deal with Sam Bankman-Fried. He has been sentenced to a 45-Minute Timeout for his role in the FTX Scandal.

Really and most demonrat politicians have used him for laundering money in Ukraine.

Wait, I thought the crypto bros avoided actual cash like the plague? You mean this guy is a fraud? LMAO

Crypto, by design, should be unregulated and decentralized, right? What does this translate to? CROOK-CENTRAL!

You are a big disgrace to the crypto making some of us no to trust the market

Actual cash? You traitor to the crypto cause, bro.

What about Joe Biden he was clearly donated money by Freid.

Another great payday for the Democratic machine!! Congrats Comrads!

daveweigel It is easy to fraud these days

And the house he purchased in the Caribbean for his parents?

.0000001% of the fraudulent political scam.

Didn’t he say he only had 100,000 left

He said he had only 100k left… 🤥

How much did he donate to politicians in the last 2 election cycles? What should be done with those funds? I say investigate

when is the DOJ going to demand the money back from congress (mostly democrats) got from him before the mid-terms, ain't receiving and keeping stoten money a crime too

Excellent

He used a ton of this money to back Democrats in election. Did you happen to know that for the first time in History we have a President & Son both under investigation. lol Nice job Joe.

Great. Now go after the political contributions he made.

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U.S. seizes $170 million linked to FTX and Bankman-FriedThe Department of Justice has seized $170 million in cash with links to FTX as part of the criminal case into disgraced cryptocurrency executive Sam Bankman-Fried. The money comes on top of $525 million in Robinhood shares the government has seized. Just smidge above $100k This dude is going to walk. Meanwhile Torando Cash and SilkRoad founders are sitting in prison for making websites. Is this their plan to fix the deficit?
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Feds Seize Almost $700 Million of FTX Assets in Sam Bankman-Fried Criminal CaseFederal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, court filings from Friday show, primarily in the form of Robinhood shares. Can we put that money to good use and. It in the politicians pockets for their use. Thanks! Oh how nice…..p o s $SI is the on/off ramp for illicit finance funding political corruption, money laundering, frauds, scams, and terrorism financing. DOJCrimDiv FBI SDNYnews
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‘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
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I Think I Know Why Sam Bankman-Fried Is Still TalkingFacing prison, the fallen FTX CEO isn’t exactly playing 3D chess. But he might be making a move.
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