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CoinGape

2023-01-20 23:55:02

Breaking: U.S. Regulators Seize $700 Million Belonging To FTX’s Sam Bankman-Fried

Breaking: U.S. Regulators Seize $700 Million Belonging To FTX’s Sam Bankman-Fried

According to documents filed in court on Friday, federal authorities have seized more than $697 million in cash and assets associated with Sam Bankman-Fried. The majority of these assets were in the form of Robinhood shares that were owned by the founder of FTX. Bankman-Fried disclosed in May that he had acquired a 7.6% stake The post Breaking: U.S. Regulators Seize $700 Million Belonging To FTX’s Sam Bankman-Fried appeared first on CoinGape .

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