SBF faces $700 Million asset forfeiture on possible fraud conviction

Per recent court documents, Sam Bankman-Fried (SBF) faces the potential forfeiture of nearly $700 million in assets should he be found guilty of fraudulent activity. On January 20, the United States federal prosecutor Damian Williams filed a court document declaring their intention to seize assets belonging to SBF, including fiat currency, shares, and cryptocurrencies. According … SBF faces $700 Million asset forfeiture on possible fraud conviction Read More »