9 months ago
Private Jets, Political Cash Among $1B in Sam Bankman-Fried's Forfeited Assets: Court
Sam Bankman-Fried's forfeited assets, totaling roughly $1 billion, included $606 million from the sale of Robinhood stock, $119 million in Tether at Binance, $21 million at Marex, $50 million at Moonstone Bank, $101 million at Silvergate, and $7 million at Flagstar Bank. Alameda Research's crypto holdings at Binance included $56 million in XRP, $3.6 million in TRX, $3.4 million in ADA, and $2.3 million in BTC, among others. Two private jets were also seized. Over 250 political donations were clawed back. Separately, initial bankruptcy payouts for FTX began, with some creditors receiving 119% of their original account balances from before the 2022 collapse.
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