Former FTX executive Sam Bankman-Fried (centre) arrives to plead guilty before U.S. District Judge Lewis Kaplan in Manhattan federal court, New York, January 3, 2023.
Ed Jones | AFP | beautiful pictures
Federal prosecutors have seized more than $697 million in cash and property related to Sam Bankman-Fried, court filings from Friday show, mostly Robin Hood hero shares owned by the founder of FTX.
Three accounts held at Silvergate Bank, under the name FTX Digital Markets, hold more than $6 million. Those assets, held in the name of a Bahamian subsidiary, were seized by the government “around” January 11.
Nearly $50 million is held at Moonstone Bank, a US financial institution with ties to FTX management.
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