Feds seized nearly $700 million from FTX founder Bankman-Fried

Share with:

Feds seized nearly $700 million from FTX founder Bankman-Fried

By Dietrich Knauth

Bankman-Fried attends a hearing on FTX fraud case in New York City
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/Andrew Kelly

Jan 20 (Reuters) – Federal 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.

Reporting by Dietrich Knauth; Editing by Noeleen Walder and Daniel Wallis

You have reached your article limit

Register for FREE to continue using Reuters.com

Free registration gives you access to:

Unmatched, global, round-the-clock news

Hand-picked insights that are easy to find and use

Our Daily Briefing newsletter, delivering the day’s headlines right to your inbox

Register now

Already registered? Sign in

Terms & Conditions apply

Are you a Thomson Reuters legal customer? Learn more

Our Standards: The Thomson Reuters Trust Principles.

Report an ad

Newsletter | Daily.

Technology Roundup

From startups to the FAANGs, get the latest news and trends in the global technology industry.Sign up

More from Reuters

Share with:

Leave a Reply

Your email address will not be published. Required fields are marked *