{"id":72895,"date":"2023-01-23T10:10:12","date_gmt":"2023-01-23T08:10:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72895"},"modified":"2025-09-09T11:03:29","modified_gmt":"2025-09-09T08:03:29","slug":"u-s-prosecutors-seize-nearly-700-million-from-sam-bankman-fried","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/u-s-prosecutors-seize-nearly-700-million-from-sam-bankman-fried\/","title":{"rendered":"U.S. prosecutors seize nearly $700 million from Sam Bankman-Fried"},"content":{"rendered":"<p>U.S. federal prosecutors have seized assets worth $697 million from FTX founder Sam Bankman-Fried. <a href=\"https:\/\/www.cnbc.com\/2023\/01\/20\/feds-seize-almost-700-million-of-sam-bankman-frieds-assets-in-cash-and-equity.html\">CNBC<\/a> reports, citing court documents.<\/p>\n<p>The sum consists largely of <a href=\"https:\/\/u1f987.com\/en\/news\/u-s-authorities-seize-robinhood-shares-in-bankman-fried-case\">55.2 million Robinhood shares<\/a>, which are valued at about $526 million (at the close of trading on January 21).<\/p>\n<p>The list also includes three accounts at Silvergate Bank with more than $6 million in the name of the Bahamas-domiciled subsidiary of the exchange FTX Digital Markets. Another nearly $50 million is held at Moonstone Bank.<\/p>\n<p>U.S. authorities also did not disclose the value of assets seized from Binance and its U.S. subsidiary.<\/p>\n<p>Earlier in January, new FTX chief <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-ceo-signals-possible-restart-of-the-exchange\">stated<\/a> that a possible relaunch of the bankrupt trading platform was under consideration. He said a specially formed working group is examining whether reviving the company could create more value for users than liquidating its assets.<\/p>\n<p>Earlier, former FTX US head Brett Harrison <a href=\"https:\/\/u1f987.com\/en\/news\/former-ftx-us-president-accuses-bankman-fried-of-pressure-and-manipulation\">accused<\/a> Sam Bankman-Fried of &#8216;gaslighting and manipulation&#8217; during their interactions in the development of the U.S. subsidiary.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. federal prosecutors have seized assets worth $697 million from FTX founder Sam Bankman-Fried, CNBC reports, citing court documents.<\/p>\n","protected":false},"author":1,"featured_media":72896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1236,1403],"class_list":["post-72895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ftx","tag-sam-bankman-fried"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=72895"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72895\/revisions"}],"predecessor-version":[{"id":72897,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72895\/revisions\/72897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/72896"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=72895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=72895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=72895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}